CITC awards additional spectrum to STC, Zain and Mobily

12 Feb 2018

The Communications and Information Technology Commission (CITC) has awarded a total of 80MHz of spectrum across the 700MHz, 800MHz and 1800MHz bands to Saudi Telecom Company (STC), Zain Saudi and Etihad Etisalat (Mobily) in an auction held on 11 February 2018. Mobily won 2×10MHz in the 800MHz band for a licence fee of SAR100 million (USD26.6 million) payable in equal annual instalments over 14 years, starting from 1 January 2019, in addition to an annual usage fee of SAR54 million. The spectrum will be available for use from the second half of 2018. Moreover, Mobily also secured an additional 2×5MHz of spectrum in the 1800MHz band for a total licence fee of SAR30 million, again payable in equal annual instalments over 14 years from 1 January 2019, with an annual usage fee of SAR19.3 million. This spectrum will be available for Mobily use starting from 1 March 2019. For its part, STC said it had purchased additional spectrum in the 700MHz and 1800MHz bands for a total value of SAR1.56 billion.