Mobile market to be opened to competition in 2004

20 Nov 2003

Saudi Arabia’s telecoms regulator, the Communications and Information Technology Commission, said yesterday that it will liberalise the country’s mobile communications market in 2004, with the award of either one or two new concessions to compete with monopoly service provider Saudi Telecoms Company (STC). STC claimed five million mobile subscribers at the end of 2002, equating to a national penetration rate of around 22%. It is also the country’s sole fixed line operator, although it will lose that privileged position in 2008.