JEDDAH, 21 July 2005 — Saudi mobile phone service Etihad Etisalat (Mobily) announced its financial report for the first half of 2005. Losses for the second quarter were SR386.1 million compared to first quarter losses of SR448.6 million, a decrease in losses of 13.9 percent. The company also announced that it has new offers that will increase its Saudi mobile market share by making the service available to new segments of the society. CEO Khalid Al-Kaf said that the report reflects the company’s policy for balancing expenses.