Mobily, Samsung sign $100m Saudi broadband deal
by This email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 09 June 2009
Mobily and Samsung have signed a $100m (SR375m) deal to roll out WiMAX services in 20 Saudi cities.
Mobily, the largest provider of mobile broadband in Saudi Arabia, said its WiMAX service would be extended to 20 cities in the kingdom under the deal through subsidiary Bayanat Al Oula, without naming any of the cities.
“We understand how anxious consumers and businesses in the Kingdom of Saudi Arabia are to get fast and reasonably priced broadband service in a convenient manner,” said chief executive Khalid Al Kaf.
The Saudi telecom operator launched a residential WiMAX service in Riyadh, Jeddah, Dammam and Khobar in September last year.
The broadband@home WiMAX service, which offers download speeds many times faster than 3G, has proven so popular that Mobily has decided to expand its coverage using a new technology known as WiMAX Wave2.
Mobily’s infrastructure partner Samsung will provide products for the expansion, including base stations, access service network gateways and all related equipment and services.
The company plans to launch its first WiMAX Wave2 commercial service in 2010 and aims to achieve nationwide coverage within the “next several years” after that, it said.
READERS' COMMENTS
Posted by MM, Dubai, United Arab Emirates on Tuesday 9 June 2009 at 16:24 UAE time
Hello Etisalat... what about WiMax at home... ?
Click here to post a comment
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TECHNOLOGY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TECHNOLOGY
LATEST MIDDLE EAST BUSINESS NEWS
- Travel & Hospitality: ADNH sees net profit up by 28% but hotels suffer
- Politics & Economics: Abu Dhabi economy seen growing 4% in 2010
- Culture & Society: Philippines cancels licences after Dubai jobs scandal
- Transportation: Etihad set to receive new cargo aircraft in 2010
- Energy: Saudi Aramco sees gas supplies up by 30% by 2014
SHARE PRICE CHECK
RELATED STORIES
Etihad Etisalat Company
- Saudi's Mobily posts 49.7% rise in Q3 profits
19 Oct '09 | News - Saudi Mobily refinances SR1.5bn Islamic loan
11 Oct '09 | News - Morgan Stanley raises targets on EEMEA telcos
9 Oct '09 | News




