Etihad Etisalat (Mobily), Saudi Arabia’s leading mobile operator, has signed an agreement with the General Organisation for Social Insurance (Gosi) for the management of its telecom infrastructure.

The investment by Gosi in Wahat Ghurnatah comes as part of the government agency’s overall strategy in growing and diversifying its investments so as to generate revenues meeting its obligations towards the public, a statement said.

As part of the agreement, Mobily will offer services such as IPTV, Ethernet VPN (L2), IP VPN (L3), and direct Internet access.

“We chose our partner carefully and we chose Mobily, and Mobily is a company known for providing products and services that satisfy customers,” said Abdulaziz Al Zaid, deputy governor for investment at Gosi.

“With Mobily on board, businesses and people living at the business park will have access to the latest, state of the art services,” he added.

Dr Marwan Alahmadi, Mobily’s chief business officer, said: “We are excited about our agreement with Gosi, and are proud to have been entrusted by this great national organization to deliver infrastructure for this mega business park.”

“I believe that our extensive portfolio of secure, reliable and robust infrastructure and our wealth of experience will add value to the Wahat Ghurnatah business park, and will give the residents there access to the latest products and services,” he added.

Dr Alahmadi further pointed out that due to fierce competition in the real estate segment of the telecommunications market in the Kingdom, operators were looking at providing more innovative, higher value, converged and more efficient business solutions.

“Mobily can deliver solutions at this level and this why we have been able to sign exclusive agreements with a number of real estate developers,” he said.

Wahat Ghurnatah, a mega business park being financed and built by Gosi on the outskirts of Riyadh at an overall cost of SR1.525 billion ($406 million), occupies 133,151 sq m of land. – TradeArabia News Service