"Communications and Information Technology Commission (CITC) Governor Dr. Mohammed Bin Saud Al-Tamimi inaugurated here Monday the annual Information and technology (ICT) Indicators Forum.
Assistant Minister of Communications and Information Technology Dr. Munir Al-Desouki; Director of National Information Center, Dr. Essam Al-Wagait; leaders of telecommunications and postal companies in the Kingdom; and specialists of the telecommunications, information technology as well as postal sector are participating.
The wise leadership's support
The governor also said that the progress within the communications and knowledge technology sector embodies the wise leadership's support for this vital sector; along side the follow-up of the Minister of Communications and knowledge Technology and Chairman of the Board of Directors of the CITC Eng. Abdullah Al-Sawaha; resulted within the increase of digital infrastructure investments over the past three years to quite $15bn in partnership with the private sector.
He added that the number of homes connected to the optical fiber network reached over 3.5mn and the 5th generation networks exceeded 12,000 towers in additional than 51 cities and governorates within the Kingdom of Saudi Arabia , noting that Saudi Arabia became among the highest ten countries within the world in mobile Internet speed.
The most developed and largest market
Dr. Al-Tamimi described the telecommunications market within the Kingdom; because the most developed and largest market within the Middle East and North Africa; where the dimensions of the telecommunications market in the Kingdom was at SR70bn; information technology market at SR64bn and therefore the size of the postal market at SR6.4bn; whereas the estimated market price of telecom companies reached SR246 billion.
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