Egypt's pharma market hits EGP309b in '24 – EDA Chairman    EGP dips vs. USD in early Monday trade    Egypt, Morocco eye joint expansion into African markets    Oil drops on Monday    Mashrou'ak injects EGP 32.4bn into local development projects since 2015    Egypt, Comoros pledge stronger economic ties, call for unified African voice on global issues    Gaza endures escalating massacres, humanitarian collapse amid diplomatic tensions    Beit El Watan initiative generates $10bn in sales: Minister    Egypt, Saudi Arabia deepen health sector cooperation with comprehensive MoU    Gold prices drop by EGP 140 in local market over one week: iSagha    Trump rules out third term, says Fed's Powell will stay, voices doubt on Ukraine peace    India suspends all Pakistani imports indefinitely    White House to cut NASA budget    Egypt's UHIA launches 1st electronic medical pricing system    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    EU ambassador commends Aswan's public healthcare during official visit    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Mobily to Sell Surplus Capacity to Foreign MVNOs
Published in Amwal Al Ghad on 18 - 04 - 2012

Saudi Arabia Telecom Company “Mobily" is in talks to sell surplus network capacity to a number of foreign operators, the firm's chief executive said on Tuesday.
The negotiations come after the Kingdom's telecoms regulator said it would issue three Mobile Virtual Network Operator (MVNO) licenses in 2012.
MVNOs lease excess capacity from conventional operators, which earn wholesale revenue and also include MVNO subscribers as their own, potentially boosting market share.
"We are talking to a number of MVNO operators worldwide," Mobily CEO Khalid Al-Kaf said on the sidelines of a conference in Dubai.
"If it will add value because it can address a segment much better than us, we will be glad to host an MVNO."
Al-Kaf said Mobily, an affiliate of United Arab Emirates former monopoly Etisalat, was likely to decide on whether it will host an MVNO by the end of the third quarter, as Reuters stated.
In the Gulf, only Oman has issued MVNO licenses, where former monopoly Omantel has hosted these operators to target low income expat groups and win back market share from rival Nawras, a unit of Qatar Telecom.


Clic here to read the story from its source.