The Etisalat-led consortium, which won the license to establish and operate the Kingdom’s second mobile network, plans to launch GSM services in all major Saudi cities, providing one million mobile phone lines within six months.
Muhammad Hassan Omran, Acting Executive President of the UAE-based Emirates Telecommunications Corporation, said that a new joint stock company to be set up by the consortium to operate the service would provide 4,500 jobs over the next five years, 80% of which will be exclusively for Saudis.
Obaid Saeed bin Meshar, Senior Executive Vice-President of Etisalat, indicated that the new Saudi mobile company could cut charges by up to 15%. “We have the ability to reduce telecom service charges by as much as 15%,” Al-Eqtisadiah newspaper quoted Meshar as saying.
Source: SPA
