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FINANCIAL NEWS
Mobily selects Mobiserve for first 4G network project
11 Mar 2011
(MENAFN) The CEO of Cairo-based company Mobiserve Holding, Sameh Atalla, said that his company was chosen by Mobily to set up the first long-term evolution (LTE)-WiMAX mobile network in Saudi Arabia, reported The Saudi Gazette.
The deal includes providing survey, design hardware and radio frequency installation and commissioning services for the network by Mobiserve.
The CEO said that the fourth generation (4G) network would offer data speeds 100 percent faster that of current third generation (3G) networks to Mobily’s 5 million customers. LTE-WiMAX 4G network would have a major impact on Mobily users’ connectivity experience.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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