Saudi Telecom Said to Mull Options for Indirect Maxis Stake

Updated on
  • Gulf carrier owns indirect holding valued at $1.8 billion
  • Saudi Telecom may consider selling stake to financial investor

Saudi Telecom Co. is exploring options for its indirect stake in billionaire T. Ananda Krishnan’s Maxis Bhd., the second-largest Malaysian wireless carrier by market value, people with knowledge of the matter said.

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