The Communications and Information Technology Commission (CITC) announced the extension of the competition to license new mobile virtual network operators (MVNOs) to provide services in Saudi Arabia.
The competition was initially launched in January 14th, 2020 with a deadline in May, which has now been extended to August 10th, 2020. According to CITC, the licensing of new MVNOs aims to further enhance the business environment, promote competition in the market, and foster the adoption of international best practices across the industry.
“The licensing of new MVNOs will enhance innovation in the services provision and make more options available to telecommunications and information technology end users in Saudi Arabia. In addition, the licences are expected to generate new jobs in this vital sector of the Kingdom’s economy,” CITC said in a statement.
CITC further emphasised that the competition follows the findings of a public consultation released earlier this year, as well as market studies.