Saudi Arabian telecom market to enjoy growth this year

A recent IDC study showed that mobile services subscriptions and spending in Saudi Arabia is set to undergo tremendous growth in 2004, fueled by strong pent-up demand from a large yet under penetrated addressable market. The licensing of a second mobile operator by the end of 2004 and the possible introduction of an MVNO in 2005 are expected to provide further impetus for market growth in 2005 and beyond.