Mobily CEO Sees Opportunities in Saudi Digital Transformation

The video discusses Mobili's improved financial performance, highlighting consecutive revenue and EBITDA growth. It addresses challenges with Saudization and regulatory compliance, which were resolved quickly. The company is on a positive trajectory, with no immediate plans to sell phone towers or pay dividends. Future opportunities include digital transformation and government spending, with a focus on maintaining strong financial health.

What was the main driver for Mobili's reduction in losses?

• Expansion into new markets

• Reduction in employee salaries

• Top line growth

• Increased marketing expenses

How did Mobili resolve the penalty issue related to Saudization?

• By outsourcing certain operations

• By paying a fine to the regulator

• By increasing the percentage of Saudi nationals in direct report positions

• By hiring more international employees

What was the financial impact of the suspension on Mobili's sales?

• Significant financial loss

• Increased financial gain

• No financial impact

• Minor financial impact

What is Mobili's policy regarding the sale of phone towers?

• They have never sold towers and focus on joint ventures

• They frequently sell towers to raise cash

• They plan to sell towers in the near future

• They sell towers only in international markets

What is Mobili's stance on paying dividends?

• They plan to pay dividends next quarter

• They do not provide forward-looking statements about dividends

• They pay dividends annually

• They have never paid dividends

Which area is Mobili focusing on for future revenue growth?

• Digital transformation and mobile financial services

• Expanding into new geographical markets

• Reducing employee headcount

• Increasing traditional advertising

What is one of the strategies Mobili is using to improve margins?

• Expanding physical retail stores

• Increasing data prices

• Price rationalization on data

• Reducing customer service