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Saudi Mobily Inks Deal with Lucent, Ericsson, Huawei - ASHARQ AL-AWSAT English Archive
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RIYADH, (Reuters) – Etihad Etisalat (Mobily), Saudi Arabia’s second largest mobile telephone operator, said on Monday it had contracted three firms to operate its mobile coverage in the kingdom. In a statement on the bourse Web site, Mobily said it had signed a three-year agreement as of Feb. 26 this year with French firm Alcatel-Lucent, Sweden’s Ericsson and China’s Huawei Technologies Co Ltd.

“The three companies will undertake the management, operation and maintenance of the Mobily system, including spare parts, added value services, developing network performance and maintaining excellence,” it said.

It said the agreement would allow Mobily to provide fully updated technology to subscribers at competitive prices. “This agreement will help in a big way to reduce company operating costs by perhaps more than 20 percent,” it said.

Mobily, one of two mobile telephone service providers operating in the country of 24 million people, started operations in May 2005. It now claims a 40 percent market share.

Mobily and its state-owned rival Saudi Telecom Co 7010.SE will face new competition this year when a consortium led by Kuwait’s Mobile Telecommunications Co (Zain) starts operating a third mobile network in the kingdom.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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