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COMPANY DESCRIPTION
Mobily is Saudi Arabia’s second-largest telecommunications company and was the winning bidder for the Kingdom’s second GSM licence, putting an end to Saudi telecom’s monopoly in the wireless sector.UAE telecom firm Etisalat owns owns 26.25 percent of Mobily, having sold an 8.74 percent stake in the company at SAR55 ($14.7) per share last year.
Mobily’s fourth quarter profit rose 51 percent on the year to $207.5m while full year profit rose to $559.9m from $373.3m in the year before, on turnover that was up 27.9 percent.
The company faces tougher competition in the mobile phone market since the third quarter of last year, when Zain Saudi Arabia, an affiliate of Kuwait’s largest telecom operator, launched a third mobile phone network in the Kingdom.
Mobily launched the iPhone 3G in Saudi Arabia in February this year and is so far the only carrier to sell the Apple handset in the country. “The launching of iPhone 3G in the Saudi market is one of the most important initiatives undertaken by Mobily. The launch will enable Mobily to develop the telecommunication sector within the Kingdom of Saudi Arabia by providing a state-of-the-art technology to its customers,” said chief executive Khaled Al Kaf.
KEY INFORMATION
Industry
Internet Service Providers, Mobile Network Operators
Address
Floor 28, Kingdom Tower, King Fahad Road, 9979, Riyadh, Saudi Arabia
T
966 1 2735050
F
966 1 2735700
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 10 August 2004 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| General Organization for Social Insurance - Saudi Arabia | companies | 11.2 | Saudi Arabia |
| Abdulaziz Al Saghyir Commercial Investment Company | companies | 5.6 | Saudi Arabia |
| Etisalat International - UAE | companies | 26.2 | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| Bayanat Al Oula for Network Services | Saudi Arabia |
| Mobily InfoTech | India |
| Zajil International Telecommunications Company | Kuwait |
| Zajil International Saudi Arabia | Saudi Arabia |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Abdulaziz Saleh Al Saghyir | Chairman |
| Khalid Al Kaf | Board Member |
| Mohammed Hassan Omran Al Shamsi | Board Member |
| Salim Ali Al Sharhan | Board Member |
| Ahmad Abdulkarim Julfar | Board Member |
| Ibrahim Mohammed Al Saif | Board Member |
| Saeed Bin Mohammed Obaid Binzagr | Board Member |
| Abdulaziz Hamad Abdulaziz Al Jomaih | Board Member |
| Mazen Ibrahim Hassounah | Board Member |
| Fahad Abdullah Al Mubarak | Board Member |
| MANAGEMENT | Position |
| Khalid Al Kaf | Chief Executive Officer and Managing Director |
| Thamer Mohammed Abdallah Ali Al Hosani | Chief Financial Officer |
| Abdulaziz I. S. Al Tamami | Chief Operating Officer |
| David William Murphy | Chief Marketing Officer |
| Mohammed Abdulla Basafi | Chief Technical Officer - Network Operations |
| Ali Ahmed Saif Bin Yaroof | Chief Technical Officer - Mobile Network Development |
| Ahmed Hassan Al Housani | Chief Information Officer |
| Khalifa Al Shehhi | Director - International Operations |
| Ahmed Al Hosani | Marketing Director - Products and Services |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Business Analyst, Abu Dhabi, UAE
- Asst to General Manager, Abu Dhabi, UAE
- Office Manager / Secretary, Abu Dhabi, UAE
- Personal Assistant, Qatar, Qatar
- Client Manager, Abu Dhabi, UAE
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