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Latest Telecoms News from Saudi Arabia
Mobily Raises Funds to Expand Saudi WiMAX Network
Saudi Arabia's Etihad Etisalat (Mobily) has raised US$240 million from SABB bank as a medium term financing to support the capital expenditure of its subsidiary Bayanat Al-Oula....
Related Tags: mobily, wimax, etihad-etisalat, etihad-etisalat
Mobily Awards Network Upgrade Contract to Ericsson
Saudi Arabia's Etihad Etisalat (Mobily) is expanding the coverage and capacity of its mobile network including HSPA through a SAR 600 million (US$160 million) contract the company awarded to Ericsson, according to a statement issued by the company....
Related Tags: etihad-etisalat, mobily, hspa
Mobily goes point-to-multipoint to backhaul its HSPA network
Cambridge Broadband Networks says that Saudi Arabian operator Mobily has awarded it a significant contract for the provision of its VectaStar, point-to-multipoint, microwave backhaul platform for the backhaul its HSPA network....
Related Tags: cambridge-broadband-networks, mobily, hspa, backhaul, base, broadband
Huawei Wins Saudi HSPA+ Upgrade Contract
Huawei has announced that it has won a HSPA+ upgrade contract from Saudi Telecom Company (STC), the largest telecom operator in Saudi Arabia....
Related Tags: huawei, hspa+, saudi-telecom-company
UAE, Bahrain and Saudi Arabia Top the Arab World in adoption of telecom services
UAE, Bahrain and Saudi Arabia lead the Arab World in the mass adoption of telecom services, reports a new survey by the Arab Advisors Group....
Related Tags: arab-advisors-group, emirates, three, jordan
Zain Saudi Arabia Secures US$2.5 Billion Murabaha Financing
Zain Saudi Arabia says that it has closed a US$2.5 billion Murabaha financing facility. The funds will be used to repay its existing Murabaha, facilitating the mobile telecom operation's ongoing network expansion and future growth....
Related Tags: zain, zain-saudi-arabia, play
Telecom Sector to be the Most Resilient Sector in South Asia and Middle East
Global economies have had to face the heat of recession in recent years. Sectors which were growing by leaps and bounds and were at a time the most sought after markets to invest in, turned to dust in no time. During such trying times, the only sector, which has remained unscathed, has been telecom....
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Strong Demand for Zain Saudi Arabia Debt Refinancing
The credit crunch has not affected the refinancing of a US$2.5 billion bank loan by Zain for its Saudi Arabian subsidiary, as it is already oversubscribed. ...
Related Tags: zain-saudi-arabia
ZTE says that it has won a WiMAX contract from Saudi Arabia based Etihad Atheeb Telecom (Atheeb) to construct a high-speed WiMAX network covering five major cities in Saudi Arabia...
Related Tags: zte, etihad-atheeb-telecom, wimax, atheeb
Samsung Wins Saudi WiMAX Expansion Contract
Saudi Arabia's Mobily has inked a US$100 million contract with Samsung for a WiMAX network covering 20 cities in the Kingdom through subsidiary firm, Bayanat Al Oula....
Related Tags: mobily, samsung, wimax