Saudi telecom market reaches SAR 63bn

Riyadh – Mubasher: Governor of the Communications and Information Technology Commission (CITC) Mohammed Altamimi said that the size of the telecom market in Saudi Arabia has reached SAR 63 billion, making it the biggest in the region.

Altamimi added that the sector has recorded huge leaps during the past five years.

Saudi Arabia was among the first countries in the world to launch 5G services, with the number of towers supporting the service exceeding 3,000 towers.

Moreover, internet coverage has extended to more than 93% of the Kingdom’s residents, with download speeds increasing from 6 megabytes per second (Mbps) to 46.9 Mbps, and the number of subscribers reaching 50 million.

 

Mubasher Contribution Time: 01-Dec-2019 08:00 (GMT)
Mubasher Last Update Time: 01-Dec-2019 08:00 (GMT)