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Management of Mobily top in Saudi Arabia telecom sector

2012-11-13 - 08:08 GMT
Saudi Arabia Saudi Arabia


Management of Mobily top in Saudi Arabia telecom sector

Mobilk - The executive management of Etihad Etisalat (Mobily) has witnessed yet another success as one of the leading telecommunication companies in the Kingdom in a significant period of time.

Mobily had the advantage of being ahead of its local competitors by three levels throughout the Middle East, according to Forbes Middle East, which has recently issued a list about the telecommunication sector in the region. 

Mobily has achieved many aspects of notable growth profit shares by 28 percent and an increase in the market value by 9 percent.

Mobily Chief Operating Officer Abdulaziz Al Tamami said "we always strive to continues growth in alliance with our strategic plans, we are also seeking to benefit from the highly competitive and demanding Saudi market."

And in terms of the financial performance which the results were based on, Al Tamami confirmed the superior performance of Mobily that continues to grow year after year, based on the financial results of the third quarter of 2012, which revealed the growth in revenues and net profit amounted to 23 percent, in addition to the increase on stock profit which amounted to SR5.91 during the first nine months of this year.

Moreover, the criteria of best telecommunication companies in the region is based on strict measures related to the financial performance of the companies, such as asset growth, the rate of earnings per share, and the market value growth and return on equity - reflecting upon the extent success of the executive management of leading companies.





Mobily

Etihad Etisalat Company was found in the history of December 14, 2004 as a joint policy,Mobily focuses on giving the participants a variety of options of various packages that are characterized by involving all the...



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