Saudi regulator expects 12% growth in ICT spending this year

21 Mar 2012

Saudi Arabia’s telecoms regulator, the Communications and Information Technology Commission (CITC), has estimated that spending in the country’s telecoms and IT markets reached SAR83 billion (USD22 billion) in 2011 and is expected to grow 12% this year. According to a report from Arab News, the regulator said that there were around 53.7 million mobile subscribers registered at the end of 2011 giving a mobile penetration rate of 188%, with more than 87% of users on pre-paid tariffs. The number of fixed telephone lines stood at 4.63 million at end-2011, of which around 3.3 million, or 71%, were residential lines. Broadband internet subscriptions, including ADSL, fixed wireless (WiMAX), fibre and other technologies, grew to around 1.95 million by the end of 2011, while there were 11.3 million mobile broadband users at the same date, according to the CITC.