Saudi Telecom Company
News and overview for Saudi Telecom Company
Epitiro Launches ISP-I WiMAX Drive Test Solution [Press Release]
PRNewswire | 89 days 22 hours 41 minutes ago
CARDIFF, Wales, August 24 /PRNewswire/ -- Epitiro, the broadband communications authority, today launches ISP-I WiMAX Drive Test for network operators and government regulators. The new mobile functionality links WiMAX network test results with critical GPS location information to provide an understanding of overall performance throughout geographical areas.
Saudi telecoms newcomers find a tangled web
Financial Times (free content) | 33 days 18 hours 16 minutes ago
Veiled Saudi women take photos of their children during a ceremony to celebrate Saudi Arabia's Independence Day in Riyadh In 2007, Etihad Atheeb Telecom paid $139m for Saudi Arabia’s second fixed-line licence, bringing to an end a monopoly enjoyed by Saudi Telecom, the kingdom’s incumbent provider.
Digico Selects Oracle(R) Applications to Provide Core Retail Platform for Saudi Arabia's Newest Telecom Retail Chain [Press Release]
MarketWire | 22 days 18 hours 45 minutes ago
REDWOOD SHORES, CA -- (Marketwire) -- 10/30/09 -- Oracle (NASDAQ: ORCL)
A Billionaire's Wealth Balloons
Forbes | 3 days 21 minutes ago
Maxis shares rise on their first day of trading, boosting the fortunes of Malaysian tycoon Ananda Krishnan.
Etisalat Announces Deal with Endavo Media on Major Online Video Platform Licensing Agreement [Press Release]
Business Wire | 33 days 17 hours 9 minutes ago
Endavo Media, a leading provider of Internet TV platforms, signed a multi-year, white-label platform licensing deal with Etisalat, a leading telecom services provider in the Middle East and one of the top 20 telecom operators worldwide.
Saudi Telecom's Maxis stake to fall after IPO
Reuters | 11 days 4 hours 20 minutes ago
RIYADH, Nov 11 (Reuters) - Saudi Telecom (7010.SE) (STC) said on Wednesday its 25 percent stake in Maxis Bhd would fall to 17.5 percent after Malaysia's biggest mobile phone operator sells shares to the public.
CMO Council Inaugurates New Advisory Board and Member Chapter in the Middle East & North Africa [Press Release]
MarketWire | 19 days 16 hours 45 minutes ago
DUBAI, UAE -- (Marketwire) -- 11/02/09 -- The Chief Marketing Officer (CMO) Council -- a global group of 5,000 senior executives controlling more than $125 billion in marketing spend -- is expanding its reach and presence in the Middle East and North Africa with a new advisory board and assessment of marketing credibility and effectiveness in the region. The geography includes more than 20 Arab-speaking countries and some 200 different nationalities across diverse countries, cultures and pop...
UPDATE 1-Saudi Mobily telecom refinances $400 mln loan
Forbes | 42 days 2 hours 8 minutes ago
RIYADH, Oct 11 (Reuters) - Saudi mobile operator Etihad Etisalat (Mobily) said it would refinance a 1.5 billion riyal ($400 million) Islamic loan at a time when banks are more cautious to lend following trouble at two large Saudi conglomerates.
UPDATE 1-Oman Telecommunications could take $24 mln Q4 hit
Forbes | 9 days 20 hours 18 minutes ago
By John Irish DUBAI, Nov 12 (Reuters) - Oman Telecommunications Co (Omantel) could take a one-off charge of 9.2 million rials ($23.90 million) in the fourth quarter after offering voluntary redundancies as it looks to cut costs.
Maxis Publishes Plans to Float on the Malaysian Stock Exchange
cellular-news (U.K.) | 23 days 18 hours 21 minutes ago
Malaysia's Maxis has launched the prospectus for its planned floatation on the Malaysian equity markets. This IPO will see the sale of 30% of the company to new investors. It is envisaged that this exercise will see Maxis become one of the largest component stocks on the benchmark FBM KLCI of Bursa Malaysia.
ZTE Wins Indian GSM Network Contract
cellular-news (U.K.) | 39 days 1 hour 47 minutes ago
Home >> More Contracts news >> This Article
Maxis IPO Could Raise Profile of Malaysian Market
Wall Street Journal, The | 12 days 28 minutes ago
Malaysian mobile-phone operator Maxis Bhd.'s $3.23 billion initial public offering on Nov. 19 – the biggest ever in Southeast Asia – has the potential to raise the international profile of the entire Malaysian market, analysts say.
NOVEMBER 10, 2009, 3:06 A.M. ET Maxis IPO Could Raise Profile of Malaysian Market
Barron's (subscription required) | 12 days 2 hours 10 minutes ago
Malaysian mobile-phone operator Maxis Bhd.'s $3.23 billion initial public offering on Nov. 19 – the biggest ever in Southeast Asia – has the potential to raise the international profile of the entire Malaysian market, analysts say.
Tamin Telecom Regains Iran's 3rd Mobile Phone License
cellular-news (U.K.) | 39 days 17 hours 30 minutes ago
Home >> More Operators news >> This Article
Fueling Development of the Palestinian Economy: Wataniya Mobile Launches its Commercial Operations in the West Bank [Press Release]
PRNewswire | 11 days 9 hours 17 minutes ago
RAMALLAH, West Bank, November 10 /PRNewswire/ -- At a press conference today, the Management and Board of Wataniya Mobile (WM), represented by Qatar Telecom Q.S.C. (The Qtel Group), Wataniya Group, and the Palestine Investment Fund (PIF), proudly announced the launch of the commercial service of Wataniya Mobile across the West Bank. The launch of Wataniya Mobile's network is a significant achievement for the people of Palestine, the Palestinian Authority, The Qtel Group and PIF.
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Company Overview
| Company: | Saudi Telecom Company |
|---|---|
| Industry: | Wireless Network Operators |
| Website: | http://www.stc.com.sa |
Saudi Telecom Company (also known as STC) is the leading provider of telecommunications services throughout the Kingdom of Saudi Arabia and the largest operator in the Middle East. The government-controlled company (formerly the sole telecom operator in the kingom) primarily provides mobile, fixed local, international, and national telephone services, along with Internet and other data services, to residential and business customers. Its primary business segments include: Al Hatif (landline services for 4 million subscribers), Al Jawal (wireless and messaging services for 17 million mobile accounts), Saudi Net (ISP), Saudi Data (data solutions), and STC Online (electronic services).
Key Numbers
| Sales in U.S. Dollars (mil.) | 12,636.3 (2008) |
|---|---|
| One-year % Growth in Sales | 38.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,938.3 (2008) |
| One-year % Growth in Net Income | -8.0 (2008) |
| Number of Employees | 0 (0) |
| One-year % Growth in Number of Employees | 0.0 (0) |
| Fiscal Year-End | December |