VOL. XXXVIII

NO. 45

7-AUGUST-1995

Saudi Arabia

AT&T Sets Up Offset Projects In Saudi Arabia

AT&T of the US, which was awarded last year a $4bn contract to upgradeSaudi Arabia's telecommunications network, has announced plans to invest some$300-400mn in offset projects in the Kingdom. The Director of Business Development at AT&T International, Mr. Bob Wyath, said that his company wascommitted to offset business in the Kingdom as long as the investments madeeconomic sense and were...