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Mobily lifts Q2 net profit as active FTTH users expand, business and wholesale revenues rise

2020-07-21 09:26:00| Telecompaper Headlines

(Telecompaper) Saudi operator Mobily said its net profit increased to SAR 185 million in the second quarter ended 30 June compared with SAR 37.8 million in Q2 2019, mainly due to increased revenue from business and wholesale units, as well as the FTTH active base. Revenue amounted to SAR 3.56 billion versus SAR 3.33 billion in Q2 2019, or year-on-year growth of 6.8 percent.

Tags: net business users active

 

Zain KSA, Mobily plan to offer both companies' towers to investors

2020-07-06 10:24:00| Telecompaper Headlines

(Telecompaper) Zain KSA has signed a Memorandum of Understanding (MoU) with Mobily to form a committee to draw up a request for proposal (RFP) to buy their telecoms towers, merge them into one company with other investors, or operate them on their behalf. The MoU aims to raise participation in telecom towers to maximise efficiency and improve the communication and information technology system under the supervision of the Communications and Information Technology Commission (CITC).

Tags: to plan offer companies

 
 

Mobily chooses Ericsson for advanced IoT services, new generation networks

2020-01-06 08:26:00| Telecompaper Headlines

(Telecompaper) Saudi operator Mobily and Ericsson have signed an agreement whereby Mobily will use Ericsson's products and systems to support its push to empower the kingdom's government and private sectors towards digital transformation, accelerate the deployment of digital services, and expand the provision of Internet of Things, including the company's smart meter project that is driven by the Saudi Electricity Company.

Tags: services advanced generation networks

 

Mobily banned from recruiting new customers following Saudi localisation failure

2018-10-08 02:00:00| Total Telecom industry news

Saudi Arabian mobile network operator, Mobily, has been banned from offering services to new customers, after it failed to meet its localisation targets…read more on TotalTele.com »

Tags: customers failure saudi recruiting

 

Ericsson and Mobily showcase 5G in Saudi Arabia

2018-08-20 02:00:00| Total Telecom industry news

Ericsson and Saudi Telecoms subsidiary Mobiliy have showcased the awesome power of 5G at a live test session at the Mall of Arabia in Jeddah, KSA.  During the live trials, shoppers were able to experience the high speed and ultra…read more on TotalTele.com »

Tags: ericsson arabia saudi showcase

 

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