Business description: Etihad Etisalat Company

Etihad Etisalat Co SJSC (Mobily) is a Saudi Arabia-based telecommunications operator. The Company’s main activity is: the establishment and operation of a mobile wireless telecommunications network, fiber optics networks and any extension thereof; the management, installation and operation of telephone networks, terminals and communication unit systems, as well as the sale and maintenance of mobile phones and communication unit systems. It offers a communication infrastructure covering mobile and broadband, as well as satellite-based services and solutions. The Company provides Second Generation (2G), Third Generation (3G), Fourth Generation Frequency Division Duplex (4G FDD) and Fourth Generation Environment Time Division Duplex (4GE TDD) services to subscribers. Its customers are segmented according to the following categories: prepaid (mobile), postpaid (mobile), mobile operators, businesses, small-to-medium businesses (SMBs) and households (FTTH).

Number of employees: 3,000

Sales by Activity: Etihad Etisalat Company

Fiscal Period: December 2021 (SAR) 2022 (SAR) 2023 (SAR) 2024 (SAR) 2025 (SAR)

Consumer

1.08TCr 1.09TCr 1.11TCr 1.16TCr 1.24TCr

Business

258.06Cr 295.48Cr 361.26Cr 432.76Cr 466.03Cr

Wholesale

124.27Cr 149.37Cr 165.99Cr 187.47Cr 217.83Cr

Others

23Cr 34Cr 41Cr 41Cr 44Cr

Geographical breakdown of sales: Etihad Etisalat Company

Fiscal Period: December 2021 (SAR) 2022 (SAR) 2023 (SAR) 2024 (SAR) 2025 (SAR)

Kingdom of Saudi Arabia

1.48TCr 1.57TCr 1.68TCr 1.82TCr 1.96TCr

Executive Committee: Etihad Etisalat Company

Manager TitleAgeSince
Chief Executive Officer - 24/02/2025
Director of Finance/CFO - -
Chief Tech/Sci/R&D Officer - 01/04/2019
Corporate Officer/Principal 46 -
Comptroller/Controller/Auditor - -

Composition of the Board of Directors: Etihad Etisalat Company

Director TitleAgeSince
Director/Board Member 55 01/12/2021
Chairman 54 22/10/2025
Director/Board Member - 01/04/1993
Chairman 52 01/12/2021
Chairman 68 25/04/2023
Director/Board Member - 01/12/2021
Director/Board Member - 01/12/2021
Director/Board Member - 01/12/2021
Director/Board Member - -
Director/Board Member - -

Shareholders: Etihad Etisalat Company

NameEquities%Valuation
27.99 %
21,55,38,400 27.99 % 3 653 M ﷼
SNB Capital Co.
0.6514 %
50,15,541 0.6514 % 85 M ﷼
Pictet Asset Management Ltd.
0.1715 %
13,20,666 0.1715 % 22 M ﷼
Sjunde AP-fonden
0.1158 %
8,91,333 0.1158 % 15 M ﷼
Goldman Sachs Asset Management International
0.1019 %
7,84,494 0.1019 % 13 M ﷼

Company details: Etihad Etisalat Company

Etihad Etisalat Co.

Mobily C1 Alyabis Building

11423, Riyadh

+

http://www.mobily.com.sa
address Etihad Etisalat Company(7020)

Group companies: Etihad Etisalat Company

NameCategory and Sector
Information Technology Services
Information Technology Services

Wireless Telecom

Change 5d. change 1-year change 3-years change Capi.($)
+0.73%-0.24%+7.76%+38.12% 1.27TCr
+0.93%+0.29%-2.67%+117.27% 11TCr
+0.99%-1.06%-2.91%+41.68% 6.32TCr
-1.27%-2.33%+62.70%+61.29% 2.35TCr
-0.44%+0.78%-15.55%-25.01% 2.21TCr
-0.77%-1.32%+44.15%-10.55% 2.06TCr
-3.68%+3.23%+104.26%+95.92% 1.7TCr
+0.83%+0.63%+23.26%+87.34% 1.28TCr
-0.49%+7.29%+17.48%+29.30% 1.16TCr
+0.95%+3.93%+50.83%+87.32% 983.13Cr
Average -0.22%+0.79%+28.93%+52.27% 3.08TCr
Weighted average by Cap. +0.25%-0.58%+14.34%+68.83%
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
62.05SAR
Average target price
77.07SAR
Spread / Average Target
+24.21%

Quarterly revenue - Rate of surprise

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