Mobily hands out contracts for expanded Saudi networks to Huawei, NSN and Ericsson.
The telecom firm Mobily, based in Saudi Arabia, has given out contracts to Nokia Siemens Networks, Ericsson and Huawei. The expansion agreements are worth $213 million and stretch across the Kingdom.
CEO of Mobily Khalid Al Kaf stated that these expansion plans are targeting strong performance and increased efficiencies within the telco’s network. These plans will open up the market to speeds as high as 21.6 Mbps.
This group of vendors will be working to increase the mobile broadband network across Saudi Arabia. Mobily currently covers 92 per cent of concentrated populations in the nation and is known as the biggest network within the MENA area.
For their part of the agreement Mobily will be investing in upgrades to the current network offering higher speeds to their customers – bumping the HSPA to 3.75G from 3.5G technologies.
Mobily expanded their network last year as well, investing SR 600 million. That expansion came only one month before the firm announced it had surpassed the mark of one million subscribers on its mobile broadband network.
Mobily has the biggest network in the region and also has the largest volume of data being exchanged within the Kingdom. By the close of last year Mobily had a list of over one million subscribers using their mobile broadband.Andrew Reid, Staff Writer, Gulf Jobs Market News