Mobily snags 15-year license for additional 120 MHz spectrum in CST auction

Etihad Etisalat (Mobily) adds two bands to its spectrum portfolio: Mobily secured a SAR 2.5 bn 15-year license for an additional 120 MHz spectrum in the Communications, Space, and Technology Commission spectrum auction, it said in a disclosure to Tadawul. This includes 20 MHz in the 700 MHz band, and 100 MHz in the 3.8 MHz band, with both set to go live on 1 January 2025.

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What the bands do: The 700 MHz band includes 5G services and boosts service quality and geographic coverage. Meanwhile the 3.8k MHz band boosts high-speed data services for consumers and businesses. The two bands also entail synergies for Mobily subscribers.

Mobily’s current spectrum range: The latest acquisition brings Mobily’s total spectrum to 440 MHz, adding to its existing 320 MHz in the 800, 900, 1800, 2100, 2600, and 3700 MHz bands.