04/03/2018 07:06 AST

Etihad Etisalat (Mobily), a leading telecom services operator in Saudi Arabia, has signed an agreement with Nokia Company to launch 5G tests for the first time in the kingdom.

The duo is collaborating in a strategic vision to develop 5G towards the next generation of advanced bandwidth network.

The MoU includes introducing new technologies in Mobily network like; 4.5G LET, and 4.9G, 5G, transport modernization for both optic and IP, fixed wireless access technologies including FastMile and wireless PON, said Ahmed Aboudoma, Mobily CEO, after signing the deal with Ashish Chowdhary, Chief Customer Operations Officer at Nokia, recently in Barcelona.

"We are working in Mobily to achieve one of the pillars of the Saudi Vision, in which the kingdom is seeking to increase high speed internet coverage in different regions of the country and enhance the quality of connection," he noted.

"In order to achieve this goal, we are currently working on signing a MoU with Nokia and other enterprises that has a track record in launching new technologies over Telecom Towers," he added.

This MoU comes as a contribution from Mobily to achieve one of most important goals of Kingdom Vision 2030, which focuses on setting up Kingdom technologies to be prepared for any new technical updates in the international Telecom industry.-


Trade Arabia

Mobily is a strategic partner for national awareness campaign

26/03/2018

PRINCE Abdullah Bin Bandar, acting Emir of Makkah Province, and Eng. Maziad Alharbi, chief technology officer of Mobily, signed a strategic partnership agreement at the headquarters of the governorat

Saudi Gazette

Mobily is racing to a smarter future in partnership with Ericsson

21/03/2018

ETIHAD Etisalat 'Mobily' in cooperation with Ericsson are preparing an IoT world program to be the first of its kind in the Kingdom that aims to create an interactive platform between university stud

Saudi Gazette

Saudi regulator fines ex-Mobily chairman for insider trading

28/02/2018

Saudi Arabia's market regulator fined the former chairman of the kingdom's second-biggest telecom company for insider trading and ordered his investment firm to pay $75 million.

Abdul Aziz

Gulf News

Ticker Price Volume
ADIB 13.08 2,053,837
BFM 0.00 0
MCCS 3.91 275,384
AGLTY 234.00 6,511,499
ARMX 2.35 906,318
SEERA 22.68 1,240,393
HB 61.40 78,406
ETIHADETISALAT Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
STC 42.45 0.25 (0.59%)
ZAINKSA 10.82 0.12 (1.12%)
ATHEEBTELECOM 107.40 0.80 (0.75%)
Aldar raises $2.45bn in sustainability-linked credit facility

13/01/2025

Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international

The National

Ooredoo board announces appointment of Sheikh Nasser bin Hamad al-Thani as Ooredoo Kuwait chairman

12/01/2025

Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.

Most recently, Sheikh Nasser was appointed as Group Regional CEO for th

GWC plans to further strengthen presence in key regional markets

11/01/2025

One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos

Gulf Times

Almarai successfully deploys SAP solutions to power strategic expansion

11/01/2025

Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m

Saudi Gazette

Elm enhances brand identity by introducing 'Human, Ambition and Technology' elements

05/01/2025

Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro