Saudi Arabia Telecommunications

Saudi telecom industry has been a big deal these couple of years.  Telecom industry was introduced not long ago in Saudi Arabia.  It started with one company named “Etisalat” which later on changed their name to “STC”.  It pretty much dominated the industry; it was the monopoly of the telecom industry.  A couple of years ago a company from was introduced to the Saudi telecom industry.  “Mobily” was a newborn babe in Saudi Arabia, which came from Emirates.  After that a company named “Zain” was introduced to the Saudi telecom industry.  Now so far these three companies are the only three that are in the Saudi telecom industry.  As the web site totel said, GDP for the Saudi telecom industry is high because of the high population compared to other gulf countries.

            I think it was a great move from the Saudi government to allow other companies like “Mobily” and “Zain” to enter the telecom industry.  I personally remember When “STC” was the only company in that industry.  It was simply crazy.  The prices were so high nobody could say anything.  When “Mobily” came into action, it competed with “STC”.  The prices for “STC” went down because they didn’t want to loose their customers.  It was such a good idea for “Mobily” to come and challenge “STC” in that industry.  After that in a couple of years came the company “Zain”.  That just changed the industry totally.  People joke and say, “It is almost free to own a phone”.  This is because they are so use to the expense they use to pay when “STC” was the only company.  The more the competitors, the more better quality and better price a company will offer to its customers. 

http://www.totel.com.au/saudi-arabia-telecommunications-research.asp