Mobily signs LTE and WiMAX deal with Samsung

15 Feb 2011

Saudi Arabian cellco Mobily has inked a deal with Samsung Electronics for the provision of LTE and mobile WiMAX equipment. The agreement is part of Mobily’s plans to invest USD120 million on 4G technologies. Under the terms of the deal, the South Korean vendor will install LTE base stations in over 30 cities in Saudi Arabia, as well as upgrade Mobily’s mobile WiMAX network. Mobily, part-owned by Etisalat of the United Arab Emirates, ended 2010 as Saudi Arabia’s second largest mobile operator by subscribers, claiming a 40% share of the market.

Saudi Arabia, Mobily (Etihad Etisalat), Samsung