VOL. XLIV

No 37

10-September-2001

SAUDI ARABIA

SR Telecom Wins $100Mn SupplyContract From Saudi Telecom Company

CanadasSR Telecom Inc announced on 30 August that it had completed negotiations andsigned a five-year, $100mn frame supply and services contract with SaudiTelecom Company (STC). In a statement, the company explained that the first$35mn phase of the contract will provide capacity for telephone services tosome 24,000 subscribers and said it expects this stage to be completed in...