Mobily on Right Track for Profitability, CEO Says

Mobily on Right Track for Profitability, CEO Says

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Interactive Video

Business

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The transcript covers a discussion on the company's profitability and strategic direction, highlighting the turnaround since 2017. It addresses dividends, market performance, and growth, noting recent improvements. Subscriber trends in the Saudi telecom sector are analyzed, with strategies to mitigate potential losses. The challenges of investing in 5G technology are discussed, emphasizing the uncertainty in costs and ecosystem readiness. The inclusion of Saudi stock in emerging markets is seen as a potential boost for foreign investment. Finally, the impact of foreign resident exodus on ARPU and connections is considered, with expectations of changes post-summer.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are currently faced regarding the deployment of 5G technology?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the seasonal exodus of foreign residents impact the company's subscriber base?

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