Hundreds reported dead as Israel-Iran conflict continues into fourth day    Trump orders increase in migrant deportations    Man suspected of shooting Minnesota lawmakers arrested after huge manhunt    Investigators find cockpit voice recorder from crashed Air India flight    GASTAT: Inflation falls to 2.2% in May    Gulf stock markets tumble amid Israel-Iran escalation    Saudi Aramco shares rise as oil surges 7% on geopolitical fears    Ministry of Commerce: Companies to be penalized if failed to submit financial statements by June 30    Hajj minister reassures safe departure of Iranian pilgrims in call with head of Iran's Hajj Organization    Crown Prince reaffirms Saudi condemnation of Israeli attacks in call with Iran's president    First group of Iranian pilgrims departed via Jadidat Arar border crossing    5 arrested for stealing cables in Makkah    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Portugal beats Spain to win The Nations league    Cowboy Beyoncé dazzles nearly sold-out stadium    How to pre-register for VALORANT Mobile    Disney lays off hundreds more as it cuts costs    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



CITC Governor: Over SR140 bn is size of telecoms, IT and postal market in Saudi Arabia
Published in The Saudi Gazette on 29 - 03 - 2021

Communications and Information Technology Commission (CITC) Governor Dr. Mohammed Bin Saud Al-Tamimi inaugurated here Monday the annual Information and Communications Technology (ICT) Indicators Forum.
Assistant Minister of Communications and Information Technology Dr. Munir Al-Desouki; Director of National Information Center, Dr. Essam Al-Wagait; leaders of telecommunications and postal companies in the Kingdom; and specialists of the telecommunications, information technology and postal sector are participating.
The governor said that the progress in the communications and information technology sector embodies the wise leadership's support for this vital sector, along with the follow-up of the Minister of Communications and Information Technology and Chairman of the Board of Directors of the CITC Eng. Abdullah Al-Sawaha, which resulted in the increase of digital infrastructure investments over the past three years to more than $15 billion in partnership with the private sector.
He added that the number of homes connected to the optical fiber network reached over 3.5 million and the 5th generation networks exceeded 12,000 towers in more than 51 cities and governorates in the Kingdom of Saudi Arabia, noting that Saudi Arabia became among the top ten countries in the world in mobile Internet speed.
Dr. Al-Tamimi described the telecommunications market in the Kingdom as the most developed and largest market in the Middle East and North Africa, where the size of the telecommunications market in the Kingdom was estimated at SR70 billion, information technology market at SR64 billion and the size of the postal market at SR6.4 billion, whereas the estimated market value of telecom companies reached SR246 billion.
He added that the communications and information technology sector, along with the postal sector, which has recently joined the commission's regulatory responsibilities, contributes to the Kingdom's GDP by 5.5%. The governor presented the most prominent indicators of the communications and information technology sector in the Kingdom of Saudi Arabia during 2020.
In 2020, there was a 135.5% increase in the prevalence of mobile telecommunication services, 97.8% increase in the Internet use, and Internet services covered 99% of populated areas.
He noted that the number of homes connected to the optical fiber network which reached over 3.5 million along with the 12,000 towers in more than 51 to support the 5th generation technology represents an increase of 128% compared to 2019, adding that more than 60,000 free Wi-Fi points have been provided in public places around the Kingdom. — SPA


Clic here to read the story from its source.