With the telecom industry in Saudi Arabia launching 5G services in the kingdom, the market is only expected to grow. Please contact your account manager to upgrade your Membership. The telecom industry is rapidly changing in terms of technological developments, service delivery, competitive landscape, and telcos' services expansion in the non-traditional telecom services section. The move is expected to help Saudi Arabia realise its digital transformation goals specified in the Saudi Vision 2030, the country’s plan to reduce its dependence on oil by diversifying its economy. The telecom sector will own a vibrant role in covering e-education, health services, bank services, and e-government. This decision will replace the old habit of companies applying for separate licenses for each service provided such as mobile and fixed lines, but now companies are abiding by one license. Saudi telecom and IT sectors are major key players of the National Transformation Program (NTP) 2020 in the country which partakes in the 2030 development vision. These include managed infrastructure services, data center/co … The fixed broadband development includes increasing the use of new fiber connectivity in Riyadh, Jeddah, Mecca, Madina, and Dammam. € 307 Mobile penetration is considered ... LAMEA Telecom Millimeter Wave Technology Market By Frequency… Find out how many ISPs and GSM service providers are there in Saudi and about their packages. Pro 10 is designed keeping active investors in mind and offers a flexible framework to view information and do analysis the way you desire. Other government plans include increasing investments of broadband and increasing the contribution of information technology industry to non-oil sectors GDP by 2.24% in 2020. Saudi Telecom Company, (stc; stc Group; stc International) (Arabic: شركة الاتصالات السعودية ) is a Saudi Arabia-based Digital Company that offers telecommunications services, landline, mobile, Internet services, enterprise digital solutions, entertainment, fintech, and computer networks.. According to the deal, both the ministry will collaborate on human capital development and also on the development of telecommunications infrastructure. Equity Analysts, Equity Despite Mobily struggling for growth, Zain has achieved improvement in market in 2016 in its subscriber base that currently stands at 12.4 billion. CITC will increase investments in the sectors of hosting, cloud computing, supporting small and medium enterprises (SMEs) and boosting secured networks and information. The telecom market has been witnessing prosperous achievements based on Al Jazira Capital report. Approximately 53 million subscribe to mobile phone services according to a report by Shearman and Sterling. The country intends to improve high-speed broadband Internet connectivity as part of its Vision 2030. This makes the Saudi telecom industry the biggest in the Middle East. In 1934 the Kingdom imported the first mobile wireless station to provide the telegraph services. All Rights Reserved to Mordor Intelligence. The country is one of the most populous nations in the GCC region, with the majority of the population comprising young people. Demand for data services and mobile broadband has been lately replacing traditional voice and text services, where the country’s spending on cloud services has reached $ 31.3 million in 2015. Since then, with the entry of foreign investment and government support, the country has built an extremely competitive telecom market. The high demand on phone usage from youngsters were due the social restrictions imposed by the country; however the expat population also boosts the demand in telecom sector that brought in international revenues for telecom companies according to SICO Investment Bank. Telecommunication Laws, Regulations and Policies of Saudi Arabia (Key Telecom Statutes such as The Telecommunications Act, The CITC Ordinance, and The Telecommunication Bylaws, among other key policies), 9.1.3 GO Telecom (Etihad Atheeb Telecommunications Co.), 9.1.7 The Arab Satellite Communications Organization, 10. This advancement seeks to decrease penetration rate which currently stands at 168% total and affect the total number of subscriptions. Make sure you don’t miss any news and follow us on. Please contact our support team for more information. Other trends include companies such as Virgin Mobile Saudi Arabia reaching one million subscribers in 2015, Lebara Saudi Arabia partnered with Huawei to provide MVNE services to other telecom companies within the country. Practitioners, Private The rollout of 5G would play a crucial role in shaping the market landscape. With the growing use of technology, there is an increasing demand for information communication technology (ICT) services. By doing so, Saudi Telecom Company became the first telco in Saudi Arabia to launch 5G services in the country. Search industry reports, statistics & slideshows, Download Unlimited Documents from Trusted Public Sources, Telecom Market in Saudi Arabia - Forecast, The future of the Mobile Services Industry, Internet Services Markets in Saudi Arabia - Forecast, Purchase Reports From Reputable Market Research Publishers, Saudi Arabia - Telecoms, Mobile and Broadband - Statistics and Analyses. May 2020, Saudi Arabia Telecom ICT Infrastructure Market By Component,… In January 2020, CITC invited applications for issuing licenses to foreign MVNOs to increase foreign investment in the sector, indicating the regulator’s intentions to maintain competitive pressure, considering consumer benefit. Licensing of MVNO services is an essential step in the liberalization of the telecommunications market in the country. © 2020. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Saudi Arabia Telecommunication Infrastructure (International Infrastructure such as Terrestrial and Submarine Cable Networks, Satellite Networks, along with Smart Infrastructure such as Blockchain, and Smart Grid, among others), 7. In 1984 the first fiber optic network was introduced and operated in the country, whereas in1995 the mobil… The agency is responsible for providing licenses to telecom companies that is required to be sanctioned by the Council of Ministries, managing tariffs, content filtering, and quality control. The deployment of CommScope’s customized 30-port antenna enabled STC to support more technologies with less weight and wind-load on towers, solving the challenge of overburdened infrastructure and giving adequate room to deploy 5G equipment. The study tracks the telecom industry in Saudi Arabia, with detailed coverage on the underlying market trends, subscriber base, revenues and vendor operations. This expansion raises its 5G network’s total coverage to 30 cities throughout the country. Saudi Arabia plans to extend licensing periods as well for companies up to 15 years in return for 5% from the annual net income of each company during this period. Address：POST BOX.2768,, RIYADH, CENTRAL PROVINCE, Saudi Arabia Business type：Trading. He revealed that the telecom market in Saudi Arabia has grown substantially during the last five years. Additionally, the country is anticipating a SAR 138 billion growth in the sector, by the end of 2017, mainly due to the investments sustained by government and private companies. The demand in the telecommunication sector is mostly made up of the young population in the country, increase in affluence levels, and a rise in the liberalization of the sector according to a report released by SICO Investment Bank. By end of 2015 ongoing to 2016, mobile subscribers achieved a 2.28% year on year (YoY). € 4384 May 2020, 5G mobile launch strategies: case studies and analysis Saudi Arabia’s telecom market is worth $17 billion, according to Mohammad Altamani, the governor at the Communications and Information Technology Commission. € 1136 The Kingdom of Saudi Arabia has the largest information communication and technology market in the Middle East by both capital volume and spending.1It is dominated by the Saudi Telecom Company (“STC”), Mobily and Zain, though new entrants to the market in the form of Mobile Virtual Network Operators (“MVNOs”) have begun to create additional competition. The government is also promoting technology start-ups. The company currently provides 5G services through 100MHz of spectrum in the 3.5GHz band. Through newly anticipated government regulations and movement, competition is likely to increase within the industry, yet the market allows its operators to prosper compete in different segments such as telephone services, fixed lines, data services, and broadband. Save my name, email, and website in this browser for the next time I comment. 5G is on the agenda for the country with the regulator awarding new spectrum for 4G/5G use in early 2019. * By using this form you agree with the storage and handling of your data by this website. Saudi Telecom Company (STC) is majority-owned by the government through Saudi Arabia’s Public Investment Fund (70.0%, following a part-privatisation in 2003), the Public Pension Fund (6.6%) and the General Organisation for Social Insurance (7.0%); no other entity holds more than 5% in the operator. On the other side, the pre-paid subscriber base was steady; however expected growth should have reached 0.29% YoY. CITC is planning to award two MVNO licenses to international operators interested in investing in the country's telecom market. Approximately SAR 180 billion is the estimated volume of Saudi’s telecom sector and capital investment over SAR 50 billion according to Arab News.
The company achieved a loss of SAR 2.1 billion in the fourth quarter of 2016. This makes the Saudi telecom industry the biggest in the Middle East. Managers, Wealth Will the leading Saudi telecommunication companies be able to give a competitive edge of services to their consumers while also meeting government goals of sector growth? Due to evolving market trends, the telecom market will witness fierce competition in the upcoming period with the support of the government’s budget that will be targeted for infrastructure and high tech projects. The country opened up the telecom market to MVNOs in 2013. October 2019. Despite the targeted effort to an advanced sector, will the government expand its budget to cater the rising demand for advanced communication services? Saudi Arabian telcos are investing big on 5G. Saudi Telecom Market is an informative website for telecom and information technology. Saudi Arabia offers one of the most progressive telecoms markets in the Middle East and is well positioned to capitalise on the potential opportunities offered by 5G.
stc is a leading telecom and technology services provider for individuals and businesses As the country is accommodating 53 million subscribers a Riyadh Capital Report is expecting a decline by 10% or 15% in pre-paid subscriptions. Saudi’s Zain states that this extension period will decrease its annual amortization charge by SAR 433 million as Mobily predicts a positive outcome of this decision recording annual amortization by SAR 260 million. Earlier this year, the Communications and Information Technology Commission also signed a memorandum of understanding (MoU) with the Japanese Ministry of Internal Affairs and Communications to promote collaboration in the telecommunications sector. He revealed that the telecom market in Saudi Arabia has grown substantially during the last five years. € 1316 The Saudi Arabia Telecom market is currently dominated by three players holding unified licenses: Etihad Etisalat Company (Mobily), Saudi Telecom Company (STC), and Mobile Telecommunication Company Saudi Arabia (Zain KSA). Advisors, Legal Managers, Corporate STC and GO telecom are the two fixed telecommunication licenses outlets in the kingdom. In order to tackle these challenges, the country needs to focus on sector-related elements such as infrastructure, broadband, creative ideas in advanced technologies, and increasing investments in digital economy according to Arab News. STC holds the strongest revenue growth of 10.9% YoY in 2016.
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