Riyadh-Mubasher: The arbitration panel will hold on February 7 the second session to look into the dispute between Zain Saudi and Mobily.

Mobily had asked for arbitration about money it claims it is owed by its rival Zain Saudi .

Zain said it paid all dues on time except for nearly SAR 13 million.

Mobily said the total provisions related to its dispute with Zain reached SAR 1.2 billion at the end of December, and the remaining amounts will be recorded according to a specified timetable.

Mobily posted SAR 220 million earnings for 2014, the lowest since inception.

Zain Saudi continued to narrow its losses to reach in 2014 the lowest annual losses since inception in 2007, as the telco seeks to reach a break-even.