GO Telecom (Etihad Atheeb Telecom)
Encyclopedia
GO جو Telecom got approval for its license from the Communications and Information Technology Commission (Saudi Arabia)
(CITC) on 19 May 2007 (2/5/1428 A.H.) to provide advanced fixed line services in the Kingdom. GO is an alliance of Atheeb Trading Company, Al-Nahla Trading Company, Batelco of Bahrain, and Traco Company with a capital of 1 billion Saudi Riyals.
Etihad Atheeb Telecom also acquired a 3.5GHz frequency spectrum across 13 regional divisions of the Kingdom of Saudi Arabia valued at 520 million Saudi Riyal
s in addition to a license for advanced fixed telephone lines amounting up to 5 million Saudi Riyal
s.
The license acquired by the Company permits the company to provide various fixed and wireless services such as voice telephone communications, data services, Internet services, Internet telephony services, and Broadband internet services via WiMax
technology, fixed telephone lines, and optical fibers to homes and businesses; in addition to video services, all of which will be available as the company launched operations in the field of telecommunications in the Kingdom of Saudi Arabia during 2009.
In January 2009, it offered 30% of its shares in an IPO that raised SAR300 million (USD80 million), the largest in the Middle East and the third largest worldwide, among 50 companies launching IPO’s in the first quarter of the year. The company listed its shares on the Saudi Stock Exchange in March 2009.
Etihad Atheeb is launching operations in mid 2009. The Batelco/Atheeb Trading consortium plans to invest SAR3.8 billion (USD1 billion) in the company’s telecommunication and ICT business over five years.
On 8 June 2009 GO Launched a WiMAX
802.16e network (mobile WiMAX) with 800 access poins in parnerhip with Motorola
covering Riyadh
and Jeddah
.
Visit the official Wikipedia page
for more information
Communications and Information Technology Commission (Saudi Arabia)
Communications and Information Technology Commission, CITC is the Saudi communications authority. It was first established under the name of Saudi Communications Commission in accordance with the decision of the Council of Ministers. The name was changed after the Commission was assigned new tasks...
(CITC) on 19 May 2007 (2/5/1428 A.H.) to provide advanced fixed line services in the Kingdom. GO is an alliance of Atheeb Trading Company, Al-Nahla Trading Company, Batelco of Bahrain, and Traco Company with a capital of 1 billion Saudi Riyals.
Etihad Atheeb Telecom also acquired a 3.5GHz frequency spectrum across 13 regional divisions of the Kingdom of Saudi Arabia valued at 520 million Saudi Riyal
Saudi riyal
The Riyal is the currency of Saudi Arabia. It is abbreviated as ر.س or SR . It is subdivided into 100 Halalas . The Saudi Ghirsh is 5 Halalas.-History:...
s in addition to a license for advanced fixed telephone lines amounting up to 5 million Saudi Riyal
Saudi riyal
The Riyal is the currency of Saudi Arabia. It is abbreviated as ر.س or SR . It is subdivided into 100 Halalas . The Saudi Ghirsh is 5 Halalas.-History:...
s.
The license acquired by the Company permits the company to provide various fixed and wireless services such as voice telephone communications, data services, Internet services, Internet telephony services, and Broadband internet services via WiMax
WiMAX
WiMAX is a communication technology for wirelessly delivering high-speed Internet service to large geographical areas. The 2005 WiMAX revision provided bit rates up to 40 Mbit/s with the 2011 update up to 1 Gbit/s for fixed stations...
technology, fixed telephone lines, and optical fibers to homes and businesses; in addition to video services, all of which will be available as the company launched operations in the field of telecommunications in the Kingdom of Saudi Arabia during 2009.
In January 2009, it offered 30% of its shares in an IPO that raised SAR300 million (USD80 million), the largest in the Middle East and the third largest worldwide, among 50 companies launching IPO’s in the first quarter of the year. The company listed its shares on the Saudi Stock Exchange in March 2009.
Etihad Atheeb is launching operations in mid 2009. The Batelco/Atheeb Trading consortium plans to invest SAR3.8 billion (USD1 billion) in the company’s telecommunication and ICT business over five years.
On 8 June 2009 GO Launched a WiMAX
WiMAX
WiMAX is a communication technology for wirelessly delivering high-speed Internet service to large geographical areas. The 2005 WiMAX revision provided bit rates up to 40 Mbit/s with the 2011 update up to 1 Gbit/s for fixed stations...
802.16e network (mobile WiMAX) with 800 access poins in parnerhip with Motorola
Motorola
Motorola, Inc. was an American multinational telecommunications company based in Schaumburg, Illinois, which was eventually divided into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011, after losing $4.3 billion from 2007 to 2009...
covering Riyadh
Riyadh
Riyadh is the capital and largest city of Saudi Arabia. It is also the capital of Riyadh Province, and belongs to the historical regions of Najd and Al-Yamama. It is situated in the center of the Arabian Peninsula on a large plateau, and is home to 5,254,560 people, and the urban center of a...
and Jeddah
Jeddah
Jeddah, Jiddah, Jidda, or Jedda is a city located on the coast of the Red Sea and is the major urban center of western Saudi Arabia. It is the largest city in Makkah Province, the largest sea port on the Red Sea, and the second largest city in Saudi Arabia after the capital city, Riyadh. The...
.
Visit the official Wikipedia page
Etihad Atheeb Telecom Co. "GO"
Etihad Atheeb Telecommunications Co. is the second fixed-line operator to acquire a license from the Communications and Information Technology Commission to provide fixed services including voice and broadband services in the kingdom of Saudi Arabia.-Background:Etihad Atheeb Telecom Co...
for more information