GCC Telecom Market Share

Market Share of GCC Telecom Industry

The GCC telecom market is becoming moderately consolidated. Some major players in the market include e& Etisalat, Saudi Telecom Company (STC), and Oman Telecommunications Company (Omantel), among others. The market also hosts several internet service providers (ISPs), MVNOs, and fixed-line service providers. These players focus on deploying 5G networks and increasing network capacity across the region to remain competitive in the market. For instance,

• In May 2024, Zain KSA invested SAR 1.6 billion (USD 0.43 billion) in expanding its infrastructure, 5G network, and digital services ecosystem. This move is part of an integrated expansion plan aligned with Zain KSA’s strategy for achieving digital inclusion across the country. The goal is to enhance the digital infrastructure and provide an exceptional customer experience by expanding the 5G network to cover 122 cities and governorates, up from the current 66 cities.
• In March 2024, Ericsson and Du, from Emirates Integrated Telecommunication Company, entered into a strategic alliance to provide Ericsson with wireless network products, enabling intelligent services to the enterprise sectors and government in the United Arab Emirates. Ericsson and du have formed a strategic partnership to create advanced private 4G and 5G networks. Their collaboration aims to enhance connectivity for government and enterprise customers, enabling Industry 4.0 adoption in the country.

GCC Telecom Market Leaders

1. Saudi Telecom Company (STC)

2. Zain Group

3. Oman Telecommunications Company (Omantel)

4. Emirates Integrated Telecommunications Company (Du)

5. e& Etisalat and

*Disclaimer: Major Players sorted in no particular order