In a strategic move aimed at strengthening the telecommunications infrastructure in Saudi Arabia, Anmat Technology Trading Company announced the signing of a significant contract with Etihad Etisalat Company (Mobily), a leading telecommunications and technology services provider in the region. Under this contract, valued at SAR 40 million, Anmat Technology will supply and install advanced equipment for Mobily's GSM network sites.
General context and importance of the deal within the framework of Vision 2030
This collaboration comes at a time when the Saudi telecommunications sector is experiencing rapid growth and a radical transformation, driven by the goals of Vision 2030, which places digital transformation at the heart of its priorities. A robust telecommunications infrastructure is the lifeblood of the digital economy, as the Kingdom strives to provide high-quality and reliable connectivity services across the country to support business growth, develop e-government services, and enable emerging technologies such as the Internet of Things and smart cities. Major telecommunications companies like Mobily are continuously investing in upgrading and expanding their networks to meet the increasing demand for data and ensure the best possible user experience.
Contract details and scope of work
According to the company's statement on the Saudi Stock Exchange (Tadawul) website, the contract extends for three months and encompasses a comprehensive scope of work, from supply to actual operation. The main tasks of "Anmat Al-Taqnia" include the following:
- Supply of devices and equipment: Providing all necessary components in accordance with the technical specifications approved by “Mobily”.
- Installation and connection works: Performing mechanical installation and electrical connection operations for equipment at the specified tower locations.
- Testing and Operation: Conducting all necessary technical tests to ensure that the equipment operates efficiently and is integrated with the existing network.
- Final Delivery: Delivering fully operational sites in accordance with the Project Implementation Plan (PIP) agreed upon by both parties, with full compliance with quality and safety standards.
Expected impact on the telecommunications sector and users
This project is of paramount importance to both parties and to the Kingdom's technology landscape. For Mobily, the contract will enhance its network capacity and improve coverage, positively impacting the quality of services provided to millions of subscribers, both in terms of voice call reliability and data service stability. For Anmat Technology, this contract represents a testament to the confidence major telecommunications companies have placed in its technical and operational capabilities, reinforcing its position as a trusted partner in implementing complex technology infrastructure projects.
On the financial front, “Technology Patterns” explained that the financial impact of the contract is expected to begin gradually appearing on its financial statements during the first and second quarters of fiscal year 2026, based on the percentage of completion achieved in the project works.
