Mobily, also known as Etihad Etisalat Company, is a publicly owned entity headquartered in Saudi Arabia. Founded in 2004, the company employs approximately 7,260 individuals and reported $4.9B in revenue as of 2024, operating as a tier 1 media tech buyer. The company specializes in providing fixed line, mobile telephony, and Internet services in Saudi Arabia.
On July 3, 2026, Mobily reported strong Q3 2025 earnings, with revenue growing 7.8% year-over-year and net income increasing 18.2% to 2513 million. The company posted an EBITDA margin of 38.5%, while CAPEX surged 236.0% to 3629 million, primarily directed towards expanding 5G networks and improving frequency spectrums. The Net Debt/EBITDA ratio stood at 1.01x. This follows the company's General Assembly on May 31, 2026, which authorized the Board of Directors to distribute interim dividends for 2026. Earlier, on April 22, 2026, Mobily announced that its profit for Q1 2026 rose 15% to SAR 880 million, though net earnings saw a 7.7% quarterly decrease from SAR 953.00 million in Q4 2025. Total shareholders’ equity reached SAR 19.9 billion by March 31, 2026, compared to SAR 18.6 billion in the prior year.
Mobily offers 7 products in the media and telecoms services industry. Mobily's product portfolio comprises of telecoms, consumer electronics and media and TV services.
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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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