MOBILY SIGNS SAR 1.05BN CONTRACT WITH IBM

05/08/2012 Tadawul

Etihad Etisalat Company ( Mobily) announces signing a contract with IBM Company for outsourcing the IT Operation Services on 13/09/1433H corresponding to 1/8/2012.

This partnership will lead to several technical advantages in final product quality, and in managing and securing the applications and ensuring business continuity (sustainability).

This agreement will also contribute to achieving more flexibility in expansion, adaptability and risks management.

Total cost of the contract is 1,050,000,000 Saudi Riyals and the contract term is five years. The project will be self-finance.

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