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Virgin Mobile reaches 2.8m subscribers in Saudi Arabia

MVNO says it expects to sign up 3.5 million subscribers by end of the year

Virgin Mobile reaches 2.8m subscribers in Saudi Arabia
Virgin Mobile KSA says it will reach 3.5 million subscribers by end of 2018.

Virgin Mobile KSA, the mobile virtual network operator in Saudi Arabia, has said its subscriber base reached over 2.8 million by the end of 2017.

The company said in a statement that it expected to reach close to 3.5 million subscribers by the end of 2018.

Virgin Mobile added that it has also registered revenue growth of more than 50% in 2017.

Fouad Halawi, CEO, Virgin Mobile Saudi Arabia, said: "I am confident that Virgin Mobile KSA will continue to lead the change in the region and eventually set the stage for our future digital aspirations.

"We are fully prepared for what the future may bring, as we have great plans for 2018. As always, we are committed to operating within the market regulations with agility and imagination, and we will continually strive towards exceeding the expectations of our customers and members."

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