Mobily inks new ECA deals for NSN and Ericsson equipment

Region:

Middle East & Africa

Hesham Zakai

Managing Director

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Saudi Arabian telecommunications company Mobily (Etihad Etisalat) has agreed two new financings amounting to SAR2.1 billion ($560 million) backed by the export credit agencies (ECAs) of Finland and Sweden, Finnvera and EKN respectively, for the purchase of equipment from Nokia Siemens Networks (NSN) and Ericsson.