Riyadh – Mubasher: Mobile Telecommunications Company Saudi Arabia (Zain) said Tuesday that it has decided to not to apply for invalidation of the judgment in the dispute between Zain and Etihad Etisalat Company (Mobily).

Zain will pay the full amount of the judgment once it receives an order from the competent court for execution of the judgment in accordance with arbitration law, according to a bourse statement.

The execution of the judgment will not have a negative financial impact on the company, Zain said.