Etihad Etisalat Company

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Recent Articles

• Mobily boosts subscribers, misses forecast25 October 2007

  Saudi's second mobile operator posts 43.3% rise in Q3 profit, now has 40% market share.

• Mobily buys data provider for $400mn19 September 2007

  Saudi mobile operator has agreed to buy 99.9% of local provider Bayanat to develop its data services.

• Mobily launches mobile TV package23 July 2007

  Etihad Etisalat has launched an unlimited package featuring a bundle of channels for a fixed monthly fee.

• Mobily to expand Saudi 3G network19 May 2007

  Etihad Etisalat aims to capture demand for internet access with $266 expansion.

• Mobily rings in the profits28 April 2007

  Etihad Etisalat has revealed that operating revenues for the first quarter of 2007 have risen by 66% compared to the same period last year.

• Promotions drag down Saudi Telecom profits26 April 2007

  Saudi Telecom Company (STC) has recorded its smallest quarterly profit in more than two years as its net income dropped around 20% during Q1.

• STC on hunt for large acquisition2 April 2007

  Saudi Telecom will look to either Africa or Asia in its overseas expansion.

• Mobily takes Islamic loan21 March 2007

  Etihad Etisalat (Mobily) has signed an Islamic financing agreement of US$2.88 billion to fund its expansion plans in Saudi Arabia.

• Saudi last chance saloon for telcos7 March 2007

  The auction for Saudi Arabia’s third mobile licence is the “last chance” for operators looking to invest in the Gulf, according to telecom advisory firm Analysys.

• Mobily seeks world's largest Islamic loan1 March 2007

  The telecom company wants to borrow $2.8bn to fund expansion before KSA issues licenses to others.

• Mobily revenues soar to $1.65 billion7 February 2007

  Saudi Arabian mobile operator, Mobily, records staggering growth in 2006. Revenue soars to $1.65 billion.

• Axiom Telecom celebrates LG handset deal1 February 2007

  South Korea's LG Electronics has appointed Axiom Telecom its key mobile handset distribution partner in the Middle East

• Mobily signs continuity services deal with EMC31 December 2006

  Mobily has signed a deal with EMC, under which the storage giant will provide business continuity services to help the Saudi Arabian mobile operator protect its customers’ data.

• Saudis opt for multiple connections31 December 2006

  Fixed line subscriber growth continues to slow

• Mobily inks deal with EMC for data platform23 December 2006

  Mobily has signed a deal with EMC, under which the storage giant will provide business continuity services to help the Saudi Arabian mobile operator protect its customers’ data.

• Mobily enjoys growth rate1 December 2006

• Mobily hits out at STC campaign27 October 2006

• Mobily makes moves to Blackberry30 September 2006

• Mobily expands with Motorola29 September 2006

  Managed services deal signed, GSM solution deployed

• Huawei wins deal for Mobily UMTS8 September 2006

• Mobily’s global 3G video call offering1 September 2006