Saudi Arabia's Mobily Expects Sales Growth to Continue: CFO

The transcript discusses Mobily's growth over consecutive quarters, focusing on consumer and business segments. It highlights expansion plans, particularly in the Saudi market, and the company's strategy to target high-value customers. Financial strategies, including debt refinancing and cash flow management, are explored. The partnership with Huawei for 5G rollout is addressed, considering geopolitical risks. Finally, the potential sale of mobile towers and investment opportunities are discussed, emphasizing cost management and shareholder value.

What has been the key focus of Mobily's growth strategy?

• Focusing solely on digital products

• Growth in both consumer and business segments

• Expanding into new continents

• Reducing operational costs

Which market is Mobily primarily focusing on for expansion?

• European market

• Saudi market

• North American market

• Asian market

What is Mobily's strategy for high-value customers?

• Offering discounts

• Focusing on government and semi-government sectors

• Providing free services

• Expanding into rural areas

What is Mobily's approach to managing its debt?

• Refinancing to lower costs

• Paying off all debt immediately

• Increasing debt to expand operations

• Ignoring debt and focusing on revenue

What is a significant factor aiding Mobily's financial flexibility?

• Decreasing market share

• Increased operational costs

• High interest rates

• Strong cash flow

How does Mobily view its partnership with Huawei?

• As a temporary arrangement

• As a major risk to their operations

• As a minor part of their network strategy

• As their sole supplier for 5G technology

What is Mobily's strategy regarding its mobile towers?

• Maintaining ownership for future use

• Selling them to reduce costs

• Expanding the number of towers

• Leasing them to other companies