Senior STC executive quits?



Ghassan Hasbani, the chief executive of international operations at Saudi Telecom Company (STC), has resigned.

He will be replaced by Krishnan Ravi, who joined the company in July, STC said in a statement.

Mr Hasbani, who joined STC in January 2010, is credited with building the division at STC Group that manages its diverse international operators. ??The group is aiming to boost its foreign operations to make up half of its total business by the end of next year.

Mr Hasbani will continue working at STC until October 1st, the company said.

STC, the largest telecommunications operator in the Arabian Gulf, in July reported a 6.7 per cent rise in its second-quarter profit.

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