Telecommunications in Saudi Arabia: Industrial Report - New Study Released
Saudi Arabia's market for telecommunications enjoys average annual growth of 16% over 2007-2012 as a result of strong government support, stable economic growth and innovations. Over 2007-2012 industry sees growth due to relatively large capital investments and introduction of innovative products and services such as cloud computing. Relatively stable profit margin encourages new entities to enter the industry. Average annual growth rate of 10% anticipated over 2013-2018, fuelled by strong economic growth and favourable demographic trends.
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