Route Mobile wins CITC License to foray in Saudi Arabia

22 Nov 2022 , 09:28 AM

Route Mobile has obtained a CITC License from Saudi Arabia's Communications and Information Technology Commission (CITC), which is in charge of regulating the information and communication technology sector in the Kingdom of Saudi Arabia.

This license is required for any company or technology provider conducting local SMS business; it is also required to host local platforms in the country to ensure all data is stored locally and meets the data security guidelines of the region.

Route Mobile Limited has already established itself as a Limited Liability Company in the Kingdom of Saudi Arabia (KSA). In addition to the UAE and Kuwait markets, the company will open a local sales office in Riyadh and operate Route Mobile Arabia Telecom Limited.

With a population of nearly 34 million people, KSA is the largest and fastest-growing market in the Gulf Cooperation Council (GCC) region, with nearly 85% living in cities. Route Mobile will now offer its entire CPaaS product portfolio, including A2P SMS, to enterprise clients as well as the Kingdom's Small and Medium Businesses market.

Route Mobile was trading at Rs1,333.55 per piece, up by 0.79% from its previous closing of Rs1,323.15 on the BSE. The scrip opened at Rs1,325.05 and touched intraday high and low of Rs1,359.05 and Rs1,325.05 respectively.

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