Publisher: Maaal International Media Company
License: 465734
The Communications, Space and Technology Commission (CST) announced the winners for the spectrum auction in the frequency bands 600, 700, and 3,800 MHz for nobile telecommunication networks.
In a press release issued by the CST, stc won a total of 40 MHz in the frequency band 600 MHz and a total of 100 MHz in the frequency band 3,800 MHz, while Mobily won a total of 20 MHz in the frequency band 700 MHz and a total of 100 MHz in the frequency band 3,800 MHz, and Zain won a total of 30 MHz in the frequency band 600 MHz.
The auction will contribute over 25 billion SAR to gross domestic product (GDP) by 2030 through enhancing the digital infrastructure, promoting investment and competitiveness in mobile telecommunications networks, and deploying innovative and high-quality telecom services. The auction will also increase the total licensed frequencies for mobile telecommunication networks from 1,110 MHz to 1,400 MHz, with an increase of 27%. The achievement positions the Kingdom as the leading country among the Group of Twenty (G20) the in total licensed spectrum for mobile networks in bands below 6 GHz. Furthermore, CST highlighted that the Kingdom is the first country in Europe, Africa, and the Middle East to license the 600 MHz frequency band for mobile telecommunication networks.