Established in 2004, Mobily is a Saudi telecommunications services provider. It had a customer base of 13 million mobile subscribers and 290,000 fiber-to-the-home subscribers, as of Q1 2025. In November 2024, Mobily signed a cooperation agreement with Telecom Egypt to establish the first Saudi-owned submarine cable connecting Saudi Arabia and Egypt. In February 2025, it announced an investment of over $906.7 million into digital infrastructure in the kingdom. e& is the major shareholder with a 27.99% stake.