Mobily, also known as Etihad Etisalat Company, is a publicly owned company headquartered in Saudi Arabia. Founded in 2004, with approximately 7,260 employees, the company reported $4.9B in revenue as of 2024. It also functions as a tier 1 media tech buyer. The company specializes in telecommunications, offering fixed line, mobile telephony, and Internet services in Saudi Arabia.
Mobily reported a 15% rise in Q1 2026 profit to SAR 880 million on April 22, though net earnings experienced a 7.7% quarterly decline from SAR 953 million in Q4 2025. The company’s total shareholders’ equity, excluding minority interest, reached SAR 19.9 billion by March 31, 2026, an increase from SAR 18.6 billion a year earlier. Previously, on March 5, Mobily appointed Sharmilaa Thakur as Chief People Officer, where she will also serve as People & Culture Head for India, Egypt, and the Kingdom of Saudi Arabia (KSA). This followed Mobily's pledge of over USD 2 billion to the International Telecommunication Union (ITU) Partner2Connect Digital Coalition on March 3, contributing to the scheme's total commitments exceeding USD 82 billion for internet access.
Mobily offers 7 products in the media and telecoms services industry. Mobily's product portfolio comprises of telecoms, media and TV services and consumer electronics.
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Mobily's revenues were $4.9B in 2024. Caretta Research has split Mobily's revenue into 7 different product categories, the largest of which is mobile services, which represents 33% of Mobily's revenue.
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