logo
#

Latest news with #SalmanAl-Badran

Mobily invests over 3.4 billion SAR in data centers and submarine cables
Mobily invests over 3.4 billion SAR in data centers and submarine cables

Al Bawaba

time11-02-2025

  • Business
  • Al Bawaba

Mobily invests over 3.4 billion SAR in data centers and submarine cables

Etihad Etisalat Company (Mobily), Saudi Arabia's leading technology, media, and telecommunications (TMT) company, announced an investment of USD 905 million, equivalent to over SAR 3.4 billion in data centers and submarine cables to bolster the Kingdom's digital infrastructure and accelerate the growth of its digital announcement was made during Mobily's participation in the fourth edition of LEAP 2025, a global technology event held over four days in Malham, north of Riyadh. The event brings together leaders and experts in the telecommunications and technology sectors from around the data center and submarine cable investments play a crucial role in enhancing the Kingdom's position as a regional and global digital hub. These projects align with Saudi Vision 2030, which aims to establish Saudi Arabia as a world-class leader in digital innovation and on this, Eng. Salman Al-Badran, CEO of Mobily, emphasized the significance of these investments in strengthening the Kingdom's digital infrastructure and meeting the increasing demand for advanced digital services and innovative solutions. He said : Mobily has invested in several submarine cables that enhance Saudi Arabia's connectivity with the world. These include the new (Africa 1) cable, linking the Kingdom with Africa and Europe, and the (SMW6) cable, connecting Saudi Arabia to Asia and Europe. Additionally, Mobily has invested in the construction and upgrade of the (AAE1) submarine cable and the expansion of the fiber-optic network to provide multiple pathways for international carriers, global cloud service providers, and submarine cable consortiums. He added : Mobily's investment in data centers has exceeded SAR 2 billion, with plans to build data centers with a total capacity of 39 MW, supporting the growing demand for AI, GPU, and other advanced applications. Mobily's investments in data centers and submarine cables are a strategic milestone that will provide the robust digital infrastructure necessary for both public and private sectors to launch digital services, implement smart automation, and leverage advanced data analytics. Through these initiatives, Mobily aims to achieve sustainable growth, reinforce Saudi Arabia's leadership in the technology, media, and telecommunications sectors, and contribute to the Kingdom's digital transformation goals, fostering innovation and economic growth across all industries. © 2000 - 2025 Al Bawaba (

Mobily invests over 3.4 billion SAR in data centers and submarine cables
Mobily invests over 3.4 billion SAR in data centers and submarine cables

Mid East Info

time10-02-2025

  • Business
  • Mid East Info

Mobily invests over 3.4 billion SAR in data centers and submarine cables

Riyadh, Saudi Arabia – February 2025 – Etihad Etisalat Company (Mobily), Saudi Arabia's leading technology, media, and telecommunications (TMT) company, announced an investment of USD 905 million, equivalent to over SAR 3.4 billion in data centers and submarine cables to bolster the Kingdom's digital infrastructure and accelerate the growth of its digital economy. The announcement was made during Mobily's participation in the fourth edition of LEAP 2025, a global technology event held over four days in Malham, north of Riyadh. The event brings together leaders and experts in the telecommunications and technology sectors from around the world. Mobily's data center and submarine cable investments play a crucial role in enhancing the Kingdom's position as a regional and global digital hub. These projects align with Saudi Vision 2030, which aims to establish Saudi Arabia as a world-class leader in digital innovation and technology. Commenting on this, Eng. Salman Al-Badran, CEO of Mobily, emphasized the significance of these investments in strengthening the Kingdom's digital infrastructure and meeting the increasing demand for advanced digital services and innovative solutions. He said : Mobily has invested in several submarine cables that enhance Saudi Arabia's connectivity with the world. These include the new (Africa 1) cable, linking the Kingdom with Africa and Europe, and the (SMW6) cable, connecting Saudi Arabia to Asia and Europe. Additionally, Mobily has invested in the construction and upgrade of the (AAE1) submarine cable and the expansion of the fiber-optic network to provide multiple pathways for international carriers, global cloud service providers, and submarine cable consortiums. He added : Mobily's investment in data centers has exceeded SAR 2 billion, with plans to build data centers with a total capacity of 39 MW, supporting the growing demand for AI, GPU, and other advanced applications. Mobily's investments in data centers and submarine cables are a strategic milestone that will provide the robust digital infrastructure necessary for both public and private sectors to launch digital services, implement smart automation, and leverage advanced data analytics. Through these initiatives, Mobily aims to achieve sustainable growth, reinforce Saudi Arabia's leadership in the technology, media, and telecommunications sectors, and contribute to the Kingdom's digital transformation goals, fostering innovation and economic growth across all industries.

Mobily invests over 3.4bln SAR in data centers and submarine cables
Mobily invests over 3.4bln SAR in data centers and submarine cables

Zawya

time10-02-2025

  • Business
  • Zawya

Mobily invests over 3.4bln SAR in data centers and submarine cables

Riyadh, Saudi Arabia – Etihad Etisalat Company (Mobily), Saudi Arabia's leading technology, media, and telecommunications (TMT) company, announced an investment of USD 905 million, equivalent to over SAR 3.4 billion in data centers and submarine cables to bolster the Kingdom's digital infrastructure and accelerate the growth of its digital economy. The announcement was made during Mobily's participation in the fourth edition of LEAP 2025, a global technology event held over four days in Malham, north of Riyadh. The event brings together leaders and experts in the telecommunications and technology sectors from around the world. Mobily's data center and submarine cable investments play a crucial role in enhancing the Kingdom's position as a regional and global digital hub. These projects align with Saudi Vision 2030, which aims to establish Saudi Arabia as a world-class leader in digital innovation and technology. Commenting on this, Eng. Salman Al-Badran, CEO of Mobily, emphasized the significance of these investments in strengthening the Kingdom's digital infrastructure and meeting the increasing demand for advanced digital services and innovative solutions. He said : Mobily has invested in several submarine cables that enhance Saudi Arabia's connectivity with the world. These include the new (Africa 1) cable, linking the Kingdom with Africa and Europe, and the (SMW6) cable, connecting Saudi Arabia to Asia and Europe. Additionally, Mobily has invested in the construction and upgrade of the (AAE1) submarine cable and the expansion of the fiber-optic network to provide multiple pathways for international carriers, global cloud service providers, and submarine cable consortiums. He added : Mobily's investment in data centers has exceeded SAR 2 billion, with plans to build data centers with a total capacity of 39 MW, supporting the growing demand for AI, GPU, and other advanced applications. Mobily's investments in data centers and submarine cables are a strategic milestone that will provide the robust digital infrastructure necessary for both public and private sectors to launch digital services, implement smart automation, and leverage advanced data analytics. Through these initiatives, Mobily aims to achieve sustainable growth, reinforce Saudi Arabia's leadership in the technology, media, and telecommunications sectors, and contribute to the Kingdom's digital transformation goals, fostering innovation and economic growth across all industries.

Mobily lands Africa-1 submarine cable in Saudi Arabia
Mobily lands Africa-1 submarine cable in Saudi Arabia

Broadcast Pro

time06-02-2025

  • Business
  • Broadcast Pro

Mobily lands Africa-1 submarine cable in Saudi Arabia

The Africa-1 submarine cable is expected to be fully operational by early 2026. Photo credit: Mobily Etihad Etisalat (Mobily) has announced the landing of the Africa-1 submarine cable in the Kingdom. This achievement significantly enhances global and regional connectivity, positioning Saudi Arabia as a strategic hub for international data exchange. The Africa-1 submarine cable stretches over 10,000 km and boasts a capacity of 96 terabits per second. Designed for diversity and resiliency, the cable will increase broadband traffic across Africa, the Middle East, Asia and Europe. By integrating this high-capacity cable into its network, Mobily aims to strengthen both regional and international connectivity while unlocking new business opportunities in emerging markets. Eng. Salman Al-Badran, CEO of Mobily, said: 'The successful landing of the 'Africa-1' submarine cable in Saudi Arabia will contribute to increasing broadband capacities in the Kingdom and achieving the goals of Saudi Vision 2030, positioning the Kingdom as a globally recognised digital hub. It will also strengthen its leadership in the region's digital economy by establishing an integrated digital infrastructure that makes it a global hub for data exchange.' He added: 'This milestone underscores our commitment to delivering innovative digital solutions that meet the evolving needs of our partners and customers nationally and internationally. The cable's high-speed data capabilities are critical for powering 5G networks, artificial intelligence systems, and other bandwidth-intensive applications. It also strengthens data transmission for IoT devices and cloud services, driving the acceleration of digital transformation.' The Africa-1 project, backed by a consortium of eight key partners including Mobily, is set to become fully operational by early 2026.

Mobily enhances The Kingdom's Digital Infrastructure with Successful Landing of the Africa-1 Submarine Cable in Duba
Mobily enhances The Kingdom's Digital Infrastructure with Successful Landing of the Africa-1 Submarine Cable in Duba

Mid East Info

time05-02-2025

  • Business
  • Mid East Info

Mobily enhances The Kingdom's Digital Infrastructure with Successful Landing of the Africa-1 Submarine Cable in Duba

Riyadh, Saudi Arabia – Feb 2025: Etihad Etisalat (Mobily), Saudi Arabia's leading technology, media, and telecommunications (TMT) announces the successful landing of the Africa-1 submarine cable in Saudi Arabia. This milestone marks a significant step in enhancing global and regional connectivity, positioning Saudi Arabia as a key hub for international data exchange. The advanced submarine cable, distinguished by its high capacity of 96 terabits per second and exceptional speed, spans 10,000 kilometers, designed to provide diversity and resiliency, significantly boosting broadband traffic across key regions in Africa, the Middle East, Asia, and Europe. It enhances Mobily's global network by strengthening regional and international connectivity and it will open new business opportunities in new makers. Eng. Salman Al-Badran, CEO of Mobily, said: 'The successful landing of the 'Africa-1' submarine cable in Saudi Arabia will contribute to increasing broadband capacities in the Kingdom and achieving the goals of Saudi Vision 2030, positioning the Kingdom as a globally recognized digital hub. It will also strengthen its leadership in the region's digital economy by establishing an integrated digital infrastructure that makes it a global hub for data exchange.' He added: 'This milestone underscores our commitment to delivering innovative digital solutions that meet the evolving needs of our partners and customers nationally and internationally. The cable's high-speed data capabilities are critical for powering 5G networks, artificial intelligence systems, and other bandwidth-intensive applications. It also strengthens data transmission for IoT devices and cloud services, driving the acceleration of digital transformation.' The 'Africa-1' submarine cable, funded by the Africa-1 consortium comprising eight key partners, including Mobily, and it is expected to be fully operational by early 2026. The Africa-1 submarine cable represents a transformative advancement in global connectivity, Mobily's participation underscores its commitment to investing in cutting-edge infrastructure and delivering innovative digital solutions to support economic growth and technological progress.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store