New CITC law to cut into telecom company profits

Updated 16 December 2012

New CITC law to cut into telecom company profits

Experts say that telecom companies could lose up to 20 percent of their profits because of the recent requirement by the Communication and Information Technology Commission (CITC) to link prepaid services with customer ID numbers.
The decision, which was originally enforced for security and privacy reasons, now affected those who could not renew their iqamas because of the Nitaqat program.
The CITC's new regulations now will cost the telecom companies a significant number of expatriate costumers given the fact that more than 8 million expatriates are working in Saudi Arabia. It is unknown how many of them are affected by the Nitaqat program but the criticism it received since it began indicates the significance of the number.
Many companies categorized “red” in the Nitaqat structure are struggling with renewing their employees' iqamas because of a failure to employ the minimum percentage of Saudi workers.
Farooq Al-Khateeb, an economic analyst, said that telecom companies will face a 20 percent decrease in their profits because of the CITC's decision.
“A lot of expatriates working in “red” companies can now no longer recharge their prepaid SIM cards because of this decision,” said Al-Khateeb.
He said the result of this negative decision will show next year in the first quarter reports of these companies. “Thirty-six percent of telecom company consumers are expatriates who use prepaid services,” said Al-Khateeb.
Meanwhile, CITC announced that it is going to ban a cell-phone application spread that allows users to recharge their SIM cards without the need to provide the ID numbers. It considered the application a violation of the regulations.
“CITC is aware of the use of such applications and our technical team is working on closing all the security gaps,” said Sultan Al-Malik, spokesman of CITC.
He added that the purpose of the commission's recent regulation was to organize the telecom market after plenty of SIM cards of unknown owners were recently activated.


Tatweer opens registration for new academic year in Saudi Arabia

In the next four years, the company aims to provide services for 1.2 million students throughout the Kingdom. (SPA)
Updated 20 August 2019

Tatweer opens registration for new academic year in Saudi Arabia

  • The company added that parents can communicate with a supervisor for any inquiries related to the service by calling 8001231000 for free

RIYADH: The Ministry of Education’s school transport service provider asked families to register their children for the upcoming academic year via their website’s Noor system.
They can access the school transport page on the Tatweer Education Holding Co. website to fill in the required data for registration. The company said that the service will be limited to registered students based on priority and entitlement criteria.
Tatweer said that it had simplified the registration process, which can be completed online or through supervisors of the transport service in government schools.
The company added that parents can communicate with a supervisor for any inquiries related to the service by calling 8001231000 for free.
They can also email [email protected] or get in touch on Twitter, Facebook, Instagram and YouTube.
In the next four years, the company aims to provide services for 1.2 million students throughout the Kingdom.