Mobily

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Etihad Etisalat Company
Mobily
Native name
شركة إتحاد إتصالات
TypePublic
Tadawul: 7020
ISINSA000A0DM9P2
IndustryTelecommunications
Founded14 December 2004; 17 years ago (2004-12-14)
Headquarters
Area served
Saudi Arabia
Key people
Sulaiman Abdulrahman Algwaiz (Chairman)
Salman Abdulaziz Albadran (CEO)
Mohammed Kalil Ibrahim (CHRO)
Khalid Abanami (CFO)
Majed A. Alotaibi (CBWO)
ServicesFixed line, Mobile phone, and Internet service provider
RevenueSAR 6.7 billion (30 June 2016)
SAR 284 million (30 June 2016)
SAR 35.4 million (30 June 2016)
Total assets39,262,461,000 Saudi riyal (2019) Edit this on Wikidata
Owners
Websitemobily.com.sa

Etihad Etisalat Company (Arabic: شركة إتحاد إتصالات) is a Saudi Arabian telecommunications services company that offers fixed line, mobile telephony, and Internet services under the brand name Mobily (Arabic: موبايلي).

The company was established in 2004, and in the summer of that year, won the bid for Saudi Arabia's second GSM licence. Mobily launched mobile services in Saudi Arabia on 5 May 2005, breaking Saudi Telecom's monopoly in the wireless business.

History[edit]

Etihad Etisalat Co. was incorporated as a joint stock company under royal decree no. M/40 dated 18 August 2004.[1] The company won the bid for Saudi Arabia's second GSM licence in the summer of 2004.[2] The licence is valid for 25 years.[3] Etihad Etisalat began its constituent activities on 14 December 2004 upon the publication of its incorporation.[1]

United Arab Emirates firm Etisalat holds a 27.45% stake in the company, the General Organization for Social Insurance (GOSI) holds 11.85%[2] and the rest is held by other investors and by public shares. Etisalat Etihad held an Initial public offering in October 2004 that was massively oversubscribed (30 times). Police had to be called in to respond to unrest among investors fighting over application forms.[3]

The GSM Associations "GSM Association Newsletter" Dec. 2004 edition described Mobily as the fastest growing mobile operator in the Middle East & North Africa. In 2006, Mobily reached more than 4,800,000 subscribers. As of 20 January 2007, mobily had 6 million subscribers and 0.5 million 3G users.

Etihad Etisalat launched GSM mobile services under the brand name Mobily on 5 May 2005, breaking the Saudi Telecom Company's monopoly in the wireless business. The company had spent 6 months preparing for the launch, and acquired 1 million subscribers within the first 90 days of launch.[2][4]

The company launched 3.5G services on 27 June 2006 and 4G services on 13 September 2011.[5][6]

After 10 years of managing Mobily's services, in February 2021, Nokia extended its partnership with Mobily and signed a 3-year agreement that allows it to manage and maintain the radio and transport networks in Riyadh and other regions.[7]

In May 2013, it was reported that Mobily is working on a way to intercept encrypted data sent over the Internet by Twitter, Viber, WhatsApp, and other mobile apps, and to bypass the protections built into the SSL and Transport Layer Security protocols.[8][9]

Network technology[edit]

Network Status Date
GSM
Live/Active
May 2005
HSPA
Live/Active
27 June 2006
HSPA+
Live/Active
November 2009
LTE
Test
February 2010
LTE
Live/Active
13 September 2011

See also[edit]

References[edit]

  1. ^ a b "Company Details". www.tadawul.com.sa. Archived from the original on 22 November 2018. Retrieved 2 October 2016.
  2. ^ a b c "Mobily | Mobily at a Glance". www.mobily.com.sa. Archived from the original on 20 October 2016. Retrieved 2 October 2016.
  3. ^ a b Ettihad Etisalat IPO descends into chaos Archived 6 March 2016 at the Wayback Machine telegeography.com, 25 Oct 2004
  4. ^ Mobily hits one million user mark: announces expansion plan and new offers Archived 24 December 2013 at the Wayback Machine telegeography.com, 23 Aug 2005
  5. ^ "Mobily Announces 4G LTE Service in Saudi Arabia (STC and Zain too) - SaudiMac" (in American English). 13 September 2011. Archived from the original on 11 October 2016. Retrieved 2 October 2016.
  6. ^ Mobily launches 4G services Arab News, Sep 13, 2011
  7. ^ "Nokia & Mobily extend managed services partnership for 3 years". Arab News. 14 February 2021. Retrieved 14 February 2021.
  8. ^ Dan Goodin: Dear hacker: Please help us eavesdrop on our customers Archived 26 August 2016 at the Wayback Machine, arstechnica, May 13, 2013
  9. ^ Moxie Marlinspike: A Saudi Arabia Telecom's Surveillance Pitch, May 13, 2013

External links[edit]