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Saudi mobile market to grow 130%

  • Saudi Arabia: Wednesday, November 28 - 2007 at 08:35

Mobile telephone penetration in Saudi Arabia is expected to grow 130% in the next five years, according to a report by HSBC. The country is regarded as one of the most attractive markets in the GCC with penetration rates among the lowest at 82% of the population for mobile as of the first half of 2006, and just 2% for broadband penetration.

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