Etihad Etisalat Co. (Mobily) announces its participation in the spectrum auction held by the Communications, Space & Technology Commission (CST) in the frequency bands (600, 700, 3800) MHz for mobile telecommunications networks. On November 11, 2024, the Company successfully obtained a 15-year license to use 120 MHz of spectrum for a total value of SAR 2,485,003,000. This spectrum will be available for use starting from January 1, 2025.
Mobily has acquired 20 MHz in the 700 MHz band, and an additional 100 MHz in the 3800 MHz band. These frequency bands offer several advantages; the 700 MHz band, characterized by its mature ecosystem and widespread device support, enables broad geographic coverage and high-quality service, including advanced 5G capabilities. Meanwhile, the 3800 MHz band offers Mobily with the capacity to enhance its ability to deliver high-speed services to both Consumer and Business customers amid the growing demand for ultra-fast data services. The synergy between these two bands creates a comprehensive spectrum that will enable Mobily to offer innovative services that meet the needs of its customers, reflecting the Company's commitment to rapid adoption of the latest technologies and its position as a leading industry player.
With the addition of this new (120 MHz) spectrum to the Company’s existing holdings of 320 MHz in the (800, 900, 1800, 2100, 2600, and 3700 MHz) bands, Mobily currently owns a total of 440 MHz of spectrum for mobile networks.
Spectrum is a key enabler for the deployment of mobile networks and the provision of innovative services and modern technologies. Given the Kingdom's advancements in the telecommunications sector and mobile networks, and the increasing demand for advanced services, Mobily has been keen to invest in the necessary new spectrum, reaffirming its commitment to providing a state-of-the-art infrastructure that supports the latest technologies to meet the aspirations of its customers and contribute to achieving the Kingdom's digital transformation goals.