Etihad Etisalat Co (ETIHAD ETISALAT) News - Mubasher Info
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08 June 07:18 PM

Etihad Etisalat Co (7020)

Last update: 03:12 PM market time.
62.50
0.45
0.73%
Open 61.55
Previous Close 62.05
High 62.75
Low 61.50
Stock Statistics
Volume 1,334,798
Turnover 83,046,348.40
All data are 15 minutes late during market session

News

Nokia has been a managed services partner to Mobily for the past ten years.
10 February 2021 10:44 AM Nokia, Mobily renew managed services partnership in Saudi Arabia
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) and Nokia have renewed their managed services partnership by inking a three-year agreement under which Nokia will manage and maintain the radio and transport network in Riyadh and other regions. …
Macroeconomics
Photo Archive
3 November 2020 04:08 PM Three Saudi telecom companies record SAR 3bn profit in Q3
Riyadh – Mubasher: Combined profits of Saudi telecom companies listed on the Saudi bourse hiked by 4.46% or SAR 130 million year-on-year (YoY) during the third quarter (Q3) of 2020. Profits of three Tadawul-listed telecom operators, whose fiscal …
Sector Reports
The company’s profits reached SAR 222 million in Q3-20.
21 October 2020 04:38 PM Mobily profits skyrocket 335% in Q3
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) reported a 335.3% leap in net profits during the third quarter (Q3) of 2020. The company’s profits reached SAR 222 million in Q3-20, compared with SAR 51 million in Q3-19, according to a bourse …
Financial Results
Photo Archive
11 October 2020 02:26 PM Mobily/ITC Consortium kicks off SNFN modernisation project with Huawei
Riyadh – Mubasher: The Consortium of the main Saudi Telecom carriers, Etihad Etisalat Company (Mobily) and Integrated Telecom Company (ITC) penned the agreement of the Saudi National Fiber Network (SNFN) modernisation project with their partner …
Macroeconomics
The Mobily Fiber Services packages provide speeds up to 500 Mbps
5 July 2020 03:23 PM Mobily Fiber Services now accessible on all fixed networks
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) has started providing Mobily Fiber services through an agreement to open broadband, allowing it to offer fixed and fibre optic broadband services to 3.5 million homes. The broadband services for …
Companies Investments
The MoU was signed on 2 July
5 July 2020 10:06 AM Zain KSA, Mobily to raise participation in telecom towers
Riyadh - Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) has signed a Memorandum of Understanding (MoU) with Etihad Etisalat Company (Mobily) to form a joint committee from both parties. The committee will prepare and offer a …
Companies Investments
Revenues increased by about 12.5% to SAR 3.6 billion
20 April 2020 06:31 PM Mobily records SAR 130m profits in Q1
Riyadh – Mubasher: The net profit of Etihad Etisalat Company (Mobily) increased by 93.16% year-on-year (YoY) during the first quarter (Q1) of 2020. The net profit after Zakat and tax reached SAR 130 million in Q1-20, compared with SAR 67.3 million …
Financial Results
Mobily achieved a net profit of SAR 31 million in 2019
14 April 2020 11:14 AM Mobily shareholders approve SAR 7.6bn refinancing agreement
Riyadh – Mubasher: The ordinary general assembly meeting of Etihad Etisalat Company (Mobily) has approved a SAR 7.6 billion refinancing Murabaha facility agreement for seven years with a number of local banks. Shareholders also approved the …
General Assembly
Celebrating the digital transformation partnership
15 March 2020 03:23 PM Mobily partners with SAP for digital transformation
Riyadh – Mubasher: Mobily has entered into a digital transformation partnership with SAP to energize the automation of its sales force. The move is in line with Mobily’s digital transformation strategy to enhance competitiveness and optimization. …
International Agreements
STC’s net profit decreased by 0.23% YoY in 2019
18 February 2020 09:36 PM Three Tadawul-listed telecom companies post SAR 11.27bn profit in 2019
Riyadh – Mubasher: The consolidated net profits of three telecommunication companies listed on the Saudi Stock Exchange (Tadawul) grew by 2.57% year-on-year to SAR 11.27 billion in 2019, according to data compiled by Mubasher. Saudi Telecom …
Financial Results
Mobily achieved annual net profits of SAR 31 million
18 February 2020 00:07 PM Mobily turns profitable in 2019
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) achieved a net profit of SAR 31 million last year, against losses of SAR 123 million in 2018, as shown by its annual consolidated financial results for 2019. This is the first time in five years …
Financial Results
The agreement aims at speeding up the deployment of digital services across KSA
5 January 2020 03:16 PM Mobily, Ericsson ink deal for IoT, 5G solutions
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) has signed an agreement with Ericsson to cooperate in accelerating digital transformation across Saudi Arabia. The agreement aims at speeding up the deployment of digital services, expand the …
Companies Investments
Mobily and Landmark Arabia's officials
25 December 2019 05:14 PM Mobily, Landmark Arabia sign deal to exchange loyalty points
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) and Landmark Arabia inked an agreement, on 17 December, to exchange loyalty points between Mobily’s "Neqaty” programme and the latter’s “Shukran”. Under the agreement, Mobily customers will be …
Companies Investments
The authority obliged companies to dispense paper contracts
16 December 2019 03:57 PM Saudi Arabia requires telecom providers to use e-contracts
Riyadh - Mubasher: The Communications and Information Technology Commission in Saudi Arabia obliged all telecommunications service providers to use electronic contracts. The commission banned paper contracts in all its branches and outlets. This …
Ministries
The agreement is set to reduce debt and finance costs for Mobily
15 December 2019 11:44 AM Mobily signs SAR 7.6bn Murabaha deal with local banks
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) announced on Sunday the signing of a SAR 7.6 billion refinancing Murabaha facility agreement with a group of Saudi Banks. Riyad Bank, Arab National Bank (anb), Banque Saudi Fransi (BSF), Saudi …
Sukuk and Islamic Finance
A total of 10 million smart meters will be installed across the Kingdom
15 December 2019 11:30 AM SEC awards SAR 9.6bn smart meter deal
Riyadh – Mubasher: Saudi Electricity Company’s (SEC) board of directors has approved the awarding of a smart metering project. The SAR 9.555 billion project entails installing and commissioning 10 million smart meters for consumers across the …
Utilities
Alinma will provide a 10-year credit facility to Mobily
19 November 2019 05:24 PM Mobily, Alinma seal SAR 3bn loan agreement
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) has signed a financing agreement with Alinma Bank, according to a statement to the Saudi Stock Exchange (Tadawul) on Tuesday. Alinma Bank will provide a 10-year SAR 3 billion credit facility to …
Company News
Mobily’s net profit recorded SAR 51.1 million in Q3-19
22 October 2019 02:38 PM Mobily’s Q3 porfits meet estimates – Al Jazira Capital
Riyadh – Mubasher: Etihad Etisalat Company’s (Mobily) financial results of the third quarter of 2019 came in line with Al Jazira Capital estimates, according to Al Jazira’s recent statement. Mobily’s net profit recorded SAR 51.1 million in Q3-19, …
Ratings
Mobily turned profitable recording SAR 51.06 million in Q3-19
20 October 2019 05:15 PM Mobily records SAR 51m profits in Q3
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) reported its interim financial results for the third quarter of 2019. The company turned profitable recording SAR 51.06 million in Q3-19, against losses of SAR 30.92 million in Q3-18, according …
Financial Results
Firms were given 'Neutral' recommendation
13 September 2019 09:22 PM Beltone Research sets TP of Zain, Mobily
Riyadh – Mubasher: Beltone Research has set the target price (TP) of Mobile Telecommunication Company Saudi Arabia (Zain) and Etihad Etisalat Company (Mobily) at SAR 11.5 and SAR 22.5, respectively. The research company gave a ‘Neutral’ …
Trading Activities
Mobily turned profitable achieving SAR 37.77 million during Q2-19
21 July 2019 04:23 PM Mobily announces interim financial results for H1
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) disclosed its interim financial results for the second quarter of 2019. The company turned profitable achieving SAR 37.77 million during Q2-19, against losses of SAR 78.63 million in Q2-18, …
Financial Results
Mobily eyes attracting highly qualified Saudis to bolster its position
8 July 2019 01:07 PM Mobily names Khaled Abanami as CFO
Riyadh – Mubasher: Etihad Etisalat Co (Mobily) has appointed Khaled Abanami as the company’s chief financial officer (CFO), replacing Kais Ben Hamida. The appointment underscores the company’s keenness to strive to empower national talent to lead …
Company News
Bayanat Telecom will be merged with its rights and obligations
15 May 2019 10:46 AM Mobily’s shareholders approve merger of Bayanat Telecom
Riyadh – Mubasher: Etihad Etisalat Company’s (Mobily) shareholders approved the merger of Bayanat Telecom Company during an extraordinary general assembly meeting held on Tuesday, 14 May. Bayanat Telecom will be merged with its rights and …
Companies Investments
MSCI Inc said the stocks of 30 Saudi firms will be added
14 May 2019 09:59 AM MSCI adds 30 Saudi companies to EM Index
Riyadh – Mubasher: MSCI Inc. has added the MSCI Saudi Arabia index to its emerging-markets index (EM Index), according to MSCI’s semi-annual index review. The US-based index compiler said the stocks of 30 Saudi firms will be added, accounting for …
Trading Activities
5G is considered a revolution in ICT
28 April 2019 05:07 PM Mobily tests 5G network in Makkah; speed reaches 1GB
Riyadh – Mubasher: Etihad Etisalat Co (Mobily) has successfully conducted site tests for 5G in Makkah around the Haram area. This has resulted in reaching speeds in excess of 1 gigabit 1GB. The site tests were undertaken by Mobily in cooperation …
Corporate Actions