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RIYADH, Saudi Arabia, Jan. 6 /PRNewswireFirstCall/ Motorola, Inc. today
announced that it has signed a contract valued at $150 million with Etihad
Etisalat (Mobily) to further expand the operators GSM coverage in the Northwest
and Southwest regions of Saudi Arabia.
Under the terms of this turnkey expansion contract, Motorola will deliver its
GSM infrastructure solutions as well as comprehensive services, including
network planning, optimization, operations and maintenance, to enable Mobily to
increase its subscriber base capacity within the Kingdom of Saudi Arabia.
The network expansion that was put in place for the Northwest and Southwest
regions of the Kingdom by Motorola last year has already helped Mobily to
increase its subscriber base capacity, which will enable us to meet our business
objectives, said Khalid AlKaf, CEO of Mobily. We trust Motorola to continue
providing us with high performance GSM solutions, he added.
Motorola began working with Mobily in 2004, supporting its business goal to
reach more than 3.5 million nationwide subscribers by the end of its first year
of service in May 2006.
This latest contract recognizes Mobilys confidence in Motorolas GSM solutions
to meet the customers evolving feature, performance and network reliability
requirements. Furthermore, this additional turnkey expansion project will enable
Mobily to get the most from its infrastructure investment, while enabling the
operator to focus on its core business, said Ali Amer, vice president sales,
Middle East, Africa & Pakistan, Motorola Home & Networks Mobility.
A portion of revenue on this contract was recognized in the fourth quarter of
2007.
About Etihad Etisalat Company (Mobily)
Mobily is the official brand name of Etihad Etisalat, the new mobile service
provider in the Kingdom of Saudi Arabia. Established in accordance with a 2004
royal decree, the ownership of the company is twofold: A Saudi ownership,
comprising public investors holding 20% of the companys shareholding, while
private investors own a 45% stake. The balance of 35% is owned by the Etisalat
of UAE. Mobily has more than 4.5 million subscribers in its first operational
year, and has been able to cover all the cities and major towns, as well as the
highways in the Kingdom, as a remarkable achievement. Mobilys points of sales
are located in more than 4000 outlets throughout the Kingdom. The company aims
at expanding rapidly through its major strategic back bone network project which
will finish its first phase by the end of 2006.
About Motorola
Motorola is known around the world for innovation and leadership in wireless and
broadband communications. Inspired by our vision of seamless mobility, the
people of Motorola are committed to helping you connect simply and seamlessly to
the people, information, and entertainment that you want and need. We do this by
designing and delivering must have products, must do experiences and
powerful networks along with a full complement of support services. A Fortune
100 company with global presence and impact, Motorola had sales of US $42.8
billion in 2006. For more information about our company, our people and our
innovations, please visit http://www.motorola.com/
MOTOROLA and the stylized M Logo are registered in the US Patent & Trademark
Office. All other product or service names are the property of their respective
owners. (C) Motorola, Inc. 2008. All rights reserved.
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Source: http://www.earthtimes.org/articles/show/news_press_release,250182.shtml
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