Riyadh – Mubasher: Etihad Etisalat Co (Mobily) signed framework agreements worth SAR 2.4 billion with Nokia, Huawei, and Ericsson to update its mobile network, according to a bourse statement.
The three-year deals will be funded from the company’s cash flow and available facilities.
The agreements will help Mobily revamp part of its infrastructure, advance its technology, and optimise its network capital and operating expenditures.
