IBM Wins $280 Million Project with Saudi Arabia's Mobily

IBM was won a 5-year agreement worth approximately $280 million to provide comprehensive IT solutions for Saudi Arabia's Etihad Etisalat (Mobily).

Mobily is the fastest growing telecommunications company in Saudi Arabia.

Under the contract, IBM will provide Mobily with faster, targeted access to new technologies and expertise in order to build a strong infrastructure to keep pace with the company's business growth. One area of collaboration will build upon IBM's Spoken Web solution to establish a spoken version of the Internet for mobile users.

"Partnering with one of the largest technology companies in the world offers Mobily a broad portfolio of modern IT solutions that will have a positive impact on our customers in terms of the quality of products and innovative services, in addition to solutions that will enrich their lives. We are pleased to sign with IBM, which has a significant presence in this strategic sector," said Khalid Al Kaf, CEO, Mobily.

"Mobile computing is driving increasing demand for IT services in the telecommunications industry," said Takreem El Tohamy, General Manager, IBM Middle East and Africa. "With this agreement, IBM provides Mobily with the robust IT infrastructure and near term innovation to remain a leader in providing their customers with the best technology has to offer." http://www.ibm.com 06-Aug-12