2000 News Story
 

06/19/2000
Kingdom's Internet rates cut by one third

The Saudi Telecommunications Company (STC) announced yesterday a 33 percent cut in Internet charges, which drop to 5 halalas from 7.5 halalas per minute. The new rates will take effect July 1. Also reduced by one third are charges for leased circuits for transmission of information, a move that is expected to further reduce the rates charged to customers by internet service providers, and which will be of great benefit to the business sector.


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