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
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 43.38 0.38 (0.88%)
ZAIN.KSA 10.77 0.04 (0.37%)
GOTELECOM 109.00 0.20 (0.18%)
Gulf Bank showcases banking services and red Account benefits for youth

22/09/2025

Gulf Bank announced its sponsorship and participation in the orientation event for new students organized by the American University of Kuwait, as part of its ongoing commitment to engage with new st

Kuwait Times

Ooredoo sells 6% stake in Meeza; to focus on expansion of Syntys

22/09/2025

Ooredoo Group has sold a minority 6% stake in Meeza- QSTP, Doha's leading managed information technology services and solutions provider, to certain funds managed by Fiera Capital (UK) at the current

Gulf Times

FTSE Russell includes Al Mahhar Holding in global equity Index Series

22/09/2025

Al Mahhar Holding Company, a public shareholding company providing specialised services and products to the energy and infrastructure sectors, has been included in the FTSE Russell Global Equity Inde

Gulf Times

AD Ports breaks ground on $380m Angolan ports terminal

22/09/2025

AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the commencement of one of the most significant port modernisation and expansion proje

Trade Arabia

QIMC buys Qatar Oman Investment's 7% stake in QALEX

22/09/2025

Qatar Industrial Manufacturing Company (QIMC) has signed an agreement to purchase a 7% stake held by Qatar Oman Investment Company in Qatar Aluminum Extrusion Company (QALEX), bringing its total stak

Gulf Times