Saudi Telecom Signs $1.8 Billion Soccer Deal

The transcript features an interview with a CEO discussing the company's digitization efforts, 2017 performance, and challenges faced due to economic conditions. It covers strategies to tackle competition, including focusing on data consumption and diversifying revenue streams. The company is investing in emerging technologies and has announced a venture fund. Discussions also touch on potential acquisitions and ongoing financial negotiations related to Turk Telecom.

What was the percentage increase in net profit for the full year as mentioned in the transcript?

• 10%

• 14%

• 20%

• 27%

What regulatory change in Saudi Arabia has increased competition for the company?

• Ban on international calls

• Reduction in data tariffs

• Lifting of the VOIP ban

• Introduction of new telecom taxes

What is one of the strategies mentioned to counteract the decline in revenue?

• Focusing on data consumption

• Increasing international call rates

• Expanding retail outlets

• Reducing workforce

How much is the technology venture fund announced by the company?

• $1.8 billion

• $1 billion

• $500 million

• $100 million

Which of the following is NOT mentioned as an area of investment for the company?

• Digital Health

• Real Estate

• AI

• Virtual Reality

What is the main challenge in resolving the loan default related to Turk Telecom?

• Lack of interest from investors

• Regulatory restrictions

• Complexity due to multiple entities involved

• High interest rates

What is the company's approach towards the potential acquisition of Turk Telecom?

• Ongoing discussions with banks

• No interest in acquisition

• Partnership with another telecom company

• Immediate buyout