Saudi Telecom in sponsorship deal with Man United

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STC's first foreign acquisition was of a 25 percent stake in Malaysia's Maxis for $3 billion, opening markets in India, Indonesia and Malaysia.

Many leading names in the world of football finance, including Manchester United, have sought to develop strong ties in various Asian countries in recent years, through sponsorship, tours and links with local clubs.

(Editing by Daliah Merzaban)

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