Saudi Telecom Company

King Abdul Aziz Complex, Mursalat, P.O.Box 87912
Riyadh, 11652, Saudi Arabia
Phone: +966-1-215-3030
Fax: +966-1-215-2734
http://www.stc.com.sa

Overview

Saudi Telecom Company (STC) is the leading provider of telecommunications services in the Kingdom of Saudi Arabia and it is among the largest operators in the Middle East. The company provides mobile and fixed telephone services, along with Internet and other data services, to residential and business customers. Operating the Jawal and Hatif networks, the company offers such brands as QUICKnet for mobile Internet service and the inVISION bundle of voice, broadband, and television. STC also operates a submarine communications cable system connecting Saudi Arabia and Sudan in Africa through Arab Submarine Cables Company. The government of Saudi Arabia controls 70% of STC.

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Key Numbers from Hoover's UK

Key financials for Saudi Telecom Company

Company Type Public (Saudi: 7010)
Fiscal Year-End December
2010 Sales (mil.) £8,924.4
1-Year Sales Growth (72.8%)
2010 Net Income (mil.) £1,626.2
1-Year Net Income Growth (76.8%)
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Key People from Hoover's UK

Key people and executives for Saudi Telecom Company

Chairman Mohammed bin Suliman Al-Jasser
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President Saud bin Majed Al-Daweesh
VP Finance Amine bin Fahad Al-Shiddi
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Industry Information from Hoover's UK

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Rankings from Hoover's UK

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  • #458 in FT Global 500 (June 2011)
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