2004 News Story

New cell phone company means jobs for Saudis

The newly-formed Etisalat Consortium Company that has acquired the license to set up and operate the Kingdom's second mobile network, plans to launch full-scale GSM services in major Saudi cities providing one million mobile lines within six months. The cell phone service is expected to provide 4,500 jobs over the next five years, with 80 percent of the positions reserved for Saudis. Moreover, there are indications that the new company could cut charges by up to 15 percent.