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Saudi Arabia: Mobily Acquires 99.9% of Bayanat for SR1.5 Billion
2007-09-21 - (Zawya) - RIYADH, 20 September 2007 -- Saudi mobile phone operator Etihad Etisalat ( Mobily ) said yesterday it agreed, under a memorandum of understanding (MOU), to buy 99.9 percent of local data provider Bayanat Al-Oula Bayanat Al-Oula for SR1.5 billion ($400 million). 

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