Yemen Mobile
Founded
2004
Headquarters
Sana'a, Yemen
Ticker
n/a
Sector
Telecom
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
Yemen Mobile was founded in 2004 as a state-backed mobile operator using CDMA technology, at the time the first of its kind in the Middle East, and it grew into the country's largest mobile network.
Business model
Yemen Mobile sells mobile voice and data services and was the first Yemeni operator to launch 4G. Like the rest of the telecom sector based in Sana'a, it operates under the authorities controlling the capital.
Market position
Yemen Mobile is the largest mobile operator in Yemen by subscribers, with more than 14 million users.
Country impact
Telecom revenues are an important source of income for the authorities in Sana'a, making the sector a contested asset in the conflict, while mobile networks are a lifeline for families relying on remittances and aid.