April 2 | Mon Apr 2, 2012 12:23pm BST
April 2 (Reuters) – The chief executive of Saudi Telecom Co , Saud al-Daweesh, has resigned, two company sources said on Monday.
The sources, speaking on condition of anonymity, did not give a reason for Daweesh’s resignation, which has not yet been announced on the Saudi bourse website.
Saudi Telecom is majority government-owned and held a monopoly on telephone business inside the kingdom until reforms opened up the sector in the last decade.
Reporting By Angus McDowall