Etihad Etisalat Company (Mobily) has announced a substantial investment of $905m (over SAR 3.4bn) in data centres and submarine cables to strengthen Saudi Arabia’s digital infrastructure and accelerate the country’s digital economy growth.
The announcement was made during Mobily’s participation in the fourth edition of LEAP 2025, a premier global technology event held in Malham, north of Riyadh. The event serves as a platform for global telecommunications and technology leaders to discuss advancements and future trends in the industry.
Eng. Salman Al-Badran, CEO of Mobily, highlighted the significance of these investments in advancing the Kingdom’s digital capabilities and meeting the rising demand for cutting-edge digital services and solutions.
He said: “Mobily has invested in several submarine cables that enhance Saudi Arabia’s connectivity with the world. These include the new (Africa 1) cable, linking the Kingdom with Africa and Europe, and the (SMW6) cable, connecting Saudi Arabia to Asia and Europe. Additionally, Mobily has invested in the construction and upgrade of the (AAE1) submarine cable and the expansion of the fiber-optic network to provide multiple pathways for international carriers, global cloud service providers, and submarine cable consortiums.”
He added: “Mobily’s investment in data centres has exceeded SAR 2bn, with plans to build data centres with a total capacity of 39 MW, supporting the growing demand for AI, GPU, and other advanced applications.”
Mobily’s strategic investments in digital infrastructure will provide essential support for both public and private sectors to deploy digital services, implement smart automation and utilise advanced data analytics. These initiatives underscore Mobily’s commitment to sustainable growth, reinforcing Saudi Arabia’s leadership in the technology, media, and telecommunications sectors.
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