RIYADH: Mobile Telecommunication Co. Saudi Arabia, also known as Zain KSA, reported a net profit of SR405 million ($108.06 million) in the first half of this year, representing an 84.09 percent rise compared to the same period in 2025.
In a Tadawul statement, the company attributed the rise to a 3 percent increase in gross profit, which reached SR3.31 billion during the first six months of this year.
According to IMarc Group, Saudi Arabia’s telecom market reached $17.4 billion in 2025, and is projected to grow to $23.1 billion by 2034, registering a compound annual growth rate of 3.13 percent from 2026.
The sector’s steady expansion is being driven by accelerating digital transformation, the widespread rollout of 5G networks, and sustained government efforts to strengthen telecom infrastructure.
Factors driving growth
