Riyadh, The Communications and Information Technology Commission (CITC) announced today the issuance of a competition to allow new mobile virtual network operators (MVNOs) to provide services in the Kingdom Saudi Arabia.
According to CITC, the licensing of new MVNOs aims to further enhance the business environment, promote competition in the market, and foster the adoption of international best practices across the industry.
The licensing of new MVNOs will enhance innovation in the services provision and make more options available to telecommunications and information technology end users in Saudi Arabia. In addition, the licenses are expected to generate new jobs in this vital sector of the Kingdom's economy, CITC said in a statement.
CITC further precised that the step follows the findings of a public consultation released earlier this year, as well as market studies.
The commission invites interested parties to submit applications according to the competition's requirements by no later than 3:00 p.m. (Riyadh time) on Monday 17/9/1441 AH, corresponding to 10/5/2020.
To review the competition document and apply, please visit CITC's website.
Source: Saudi Press Agency