NOKIA Nokia Oyj

Mobily boosts digital economy with Nokia's next-generation ICT and AI solutions

Mobily boosts digital economy with Nokia's next-generation ICT and AI solutions

Press Release

  • Deployment of end-to-end solutions from Nokia for the next-generation ICT infrastructure supports the Saudi Vision 2030 to boost the Kingdom's digital economy

4 March 2020

Espoo, Finland – A new agreement has been signed by Etihad Etisalat Co. “Mobily” and Nokia, covering the provision of next-generation telecom technologies. The deal is in line with Saudi Vision 2030, which aims to benefit society by driving digital transformation and the digital economy.

Nokia will support Mobily's infrastructure with a wide range of products and services from its 5G end-to-end portfolio, including radio access, IP routing, optical networking, and software, as well as the Nokia service delivery platform, in order to build an ultra-high bandwidth and low-latency network. In addition, the network capacity will be maximized using massive MIMO antennas, whilst an expansion of Mobily’s backhaul capabilities will prepare it for a rapid increase for the network capacity.

The ultra-high bandwidth, low-latency network will enable numerous benefits to Mobily’s subscribers as well as public and private sector customers, including manufacturing, oil and gas, healthcare, education, transport and entertainment, by enabling the use of Virtual Reality (VR), Augmented Reality (AR) and Artificial Intelligence (AI).

Eng. Alaa Malki, Chief Technology Officer at Mobily, said: “Together with Nokia, we are working to achieve an advanced ICT infrastructure to boost digital economy across the Kingdom, by taking the economy to the next level. The deployment is set to enable further innovation and digitalization with new applications and services.”

Amr K. El Leithy, Head of the Middle East and Africa Market at Nokia, said: “We are excited to be extending our partnership with Mobily, adding next-generation ICT technologies onto an already strong layer of 4G infrastructure to drive digitalization. This project will allow Mobily and its customers to reap the benefits of advanced ICT technologies and deliver on the aims of Saudi Vision 2030.”

About Nokia

We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.1 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,000 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online and follow us on Twitter @nokia.

Media Inquiries

Nokia Communications

Phone:  0

Email: 

 

EN
04/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nokia Oyj

Pierre FerraguÊ
  • Pierre FerraguÊ

Bible 3Q25 – Telecom: Growth in fixed & semis; mobile stabilizing

Today, we are publishing the Telecom Infrastructure section of our 29th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. Fixed equipment revenues are rebounding from the inventory correction, rising 11% YoY. RAN revenues declined 1% YoY, reflecting the ongoing weak demand following the 5G cycle. Telecom semis ...

 PRESS RELEASE

Demands of AI supercycle spur cross-industry consensus to evolve US an...

Demands of AI supercycle spur cross-industry consensus to evolve US and European network infrastructure - new study Press Release Demands of AI supercycle spur cross-industry consensus to evolve US and European network infrastructure - new study New research commissioned by Nokia surveying more than 2,000 technology and business decision-makers in the U.S. and Europe shows strong demand for AI solutions – and a clear industry consensus that connectivity and network infrastructure must evolve to support the next wave of AI growth.In the U.S., 88% of telecommunications providers and enter...

 PRESS RELEASE

Correction: Changes in Nokia Corporation's own shares

Correction: Changes in Nokia Corporation's own shares Nokia CorporationStock Exchange Release11 December 2025 at 16:30 EETCorrection: Changes in Nokia Corporation's own shares Espoo, Finland – the stock exchange release of Nokia Corporation titled “Changes in Nokia Corporation’s Own Shares” published on 9 December 2025 incorrectly stated that the number of own shares held by Nokia Corporation following the transfer was 149 246 864. The correct number is 148 246 864. The corrected stock exchange release in its entirety can be found below. Espoo, Finland – A total of 1 020 316 Nokia share...

 PRESS RELEASE

Korjaus: Muutokset Nokia Oyj:n omien osakkeiden omistuksessa

Korjaus: Muutokset Nokia Oyj:n omien osakkeiden omistuksessa Nokia OyjPörssitiedote11.12.2025 klo 16.30Korjaus: Muutokset Nokia Oyj:n omien osakkeiden omistuksessa Espoo – Nokia Oyj:n 9.12.2025 julkaisemassa pörssitiedotteessa Muutokset Nokia Oyj:n omien osakkeiden omistuksessa oli virheellisesti ilmoitettu yhtiön hallussa olevien omien osakkeiden määräksi luovutusten jälkeen 149 246 864. Oikea määrä on 148 246 864. Korjattu tiedote on kokonaisuudessaan alla. Espoo – Nokia on tänään luovuttanut 1 020 316 yhtiön hallussa ollutta Nokian osaketta (NOKIA) vastikkeetta suorituks...

ABGSC Telecom Equipment Research ... (+2)
  • ABGSC Telecom Equipment Research
  • Simon Granath

ResearchPool Subscriptions

Get the most out of your insights

Get in touch