Etisalat wants a bigger slice of Mobily’s cake

March 30, 2010  |  News

UAE’s Etisalat, an important shareholder in Mobily, has expressed their interest in having a bigger share of second largest mobile carrier in Saudi Arabia.

From Zawya:

After Etisalat’s general assembly meeting, in which it approved a 60% dividend and a 10% giveaway, Omran only offered that his company is working to determine a fair price at which it would buy more of Mobily’s outstanding shares.
He added that Etisalat would finish its buying spree by the end of the year, adding that all of the company’s foreign investments are sound and well contemplated.

More info in Arabic: AlRiyadh and AlEqt.

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1 Comment


  1. AOA brother

    Seems like etisalat will do what its does it Dubai if it becomes too powerful in mobily..

    Can you please tell me if one can use port 5060 SIP on MOBILY or STC internet through mobile or SIP ATA device directly?

    I mean is port 5060 unblocked? i heard skype works.

    please reply..
    Jazak Allah

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