Market Share of Saudi Arabia Telecom Industry
The Saudi Arabian telecom market demonstrates a semi-consolidated landscape, featuring major players like Saudi Telecom Company (STC), Integrated Telecom Company (SALAM), Etihad Atheeb Telecommunications Company (GO), Zain KSA, and Etihad Etisalat (Mobily). These market participants are actively engaging in strategies such as partnerships and acquisitions to augment their service portfolios and establish sustainable competitive advantages.
- February 2024: Zain KSA, a significant telecommunications and digital services provider in Saudi Arabia, signed a memorandum of understanding (MoU) with Huawei to promote 5.5G technology applications. The MoU's ultimate goal is to create a full-fledged suite of intelligent solutions for individuals and businesses under an "All in 5.5G" strategy by leveraging Huawei's vast experience and innovative technological solutions, including 5.5G Radio, 5.5G Core, and 5.5G Transmission. This collaboration underscores both parties' commitment to roll out pioneering technology solutions within the telecom industry by providing improved connectivity solutions with improved downlink, uplink speed, and latency.
- September 2023: Zain KSA unveiled new developments on the 5G-advanced network in collaboration with Huawei at the 5.5G City Summit held in Riyadh. With this collaboration, both companies started working on the 5.5G City Innovation Project, which unlock the transformative evolution of beyond-5G technologies. By exploring 5.5G characteristics, companies aim to surpass the 300 Mbps FWA speed. This is expected to support the demand for high-speed internet in the country, thereby driving the market.
Saudi Arabia Telecom Market Leaders
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Saudi Telecom Company (STC)
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Integrated Telecom Company (SALAM)
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Etihad Atheeb Telecommunications Company (GO)
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Zain KSA
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Etihad Etisalat (Mobily)
*Disclaimer: Major Players sorted in no particular order