Samsung Electronics in $100 mln Saudi Mobily deal

Tue Jun 9, 2009 6:11am EDT
 
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RIYADH, June 9 (Reuters) - Samsung Electronics (005930.KS) will supply Saudi mobile phone group Etihad Etisalat 7020.SE (Mobily) with WiMax technology in a deal worth 375 million riyals ($100 million), Mobily officials said on Tuesday.

Mobily said the wireless broadband network would be the biggest of its kind in the Middle East.

(Reporting by Souhail Karam; writing by Thomas Atkins)

 

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