Saudi Telecom President to Open Regional TMT Finance Forum, Co-Sponsored by BroadGroup


LONDON and DUBAI, United Arab Emirates, May 11, 2007 (PRIME NEWSWIRE) -- Saudi Telecom Company (STC) Executive President Eng. Saud Al Daweesh, will provide the opening keynote address for the forthcoming Telecom Finance Middle East Africa India conference taking place at the prestigious Madinat Hotel in Dubai, 23-24 May 2007 (www.tmtfinance.com/tfmeai07).

A distinguished academy of speakers will provide the conference keynotes including Phil Gandier, Head of M&A, Middle East, Ernst & Young, Salim Bitar, CFO for MEA, Motorola, Ghassan Hasbani, Principal, Booz Allen Hamilton and Mr. Prakash Bajpai, President Enterprise Business, Reliance. Events sponsors include Ernst & Young, Linklaters, Freshfields Bruckhaus Deringer, Booz Allen Hamilton, Investec and Capital MS&L.

The forum will gather the leading senior executives at telecom operators and supplier organisations, private equity investors, investment bankers, legal advisers, and other financiers and professional intermediaries focused on the region.

"Following the annual Telecom Finance event in London, the Dubai forum offers both market insight and rich networking opportunities," commented Philip Low, managing director of BroadGroup, the event co-producers. "The two-day forum will provide an outstanding basis to establish relationships for the major telecom financings planned in the region which Telecom Finance magazine estimates will reach more than US$30 billion this year."

Speakers at the event also include Goldman Sachs, Calyon, Citigroup, Oman Mobile, Qatar Telecom, Orascom Telecom Holding, Sistema Telecom, Emirates Integrated Telecommunications Company (du), Aircom, BT Global Services, Gateway Communications, ABN AMRO, Ernst & Young, Linklaters, Booz Allen Hamilton, Freshfields Bruckhaus Deringer, Investec Bank, Hardiman Telecommunications Ltd and BNP Paribas among others.

Issues under discussion at the event will include: Expansion strategies for the Middle East, Africa and India; Accessing local and international capital markets: How to finance growth beyond the Gulf; Broadband provision for growth markets: Wireless versus fixed convergence strategies; Building a regional platform in the Middle East; Greenfield opportunities in Africa and India: and capturing market share in new growth markets.



            

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