According to media reports, Saudi Arabia, the country’s second largest mobile operator Mobily announced a partnership with Huawei Technologies and China Industrial and Commercial Bank of China signed a memorandum of cooperation to expand financing opportunities for the seller.
The financing agreement will further promote the development of its infrastructure, Mobily, as well as Saudi Arabia, the introduction of innovative customer services and products, it will also promote Huawei in the Middle East, especially Saudi Arabia’s sales and market share growth.
So far, Mobily signed a value of more than 2 billion rials (about 530 million U.S. dollars) in a variety of contracts. Mobily agreed that Huawei as a “giant infrastructure” to operate its 2G and 3G networks, expansion of networks, and operation of a variety of broadband and business improvement.
Mobily’s goal is to keep up with the latest developments in mobile services, making it the network to adapt to the latest technology to keep the total to optimize the user experience.
