Saudi Telecom Co - Company Profile
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Saudi Telecom Co (STC) is an integrated telecommunications services provider. It serves both the corporate and consumer markets including residential, business and government customers of the country. The company offers postpaid and prepaid mobile services, international roaming and SMS, 3G and 4G services, fixed line, interconnect and international calls, and leased data transmission circuits. STC’s managed services include managed local area network and router services, security services, cyber-security services, smart building solution services. It also offers cloud services and IoT services such as fleet control, point of sales solutions, mobile automatic teller machines, enterprise medical imaging and cloud services such as data center solutions, cloud marketplace and IP telephony. STC is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
P.O.Box 87912, Riyadh, 11652
Website
www.stc.com.sa
Telephone
966 1 14521845
Industry
Technology and Communications
Ticker Symbol & Exchange
7010 (SAU)
Revenue (2022)
$19.3B
7.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
9.2%
(2022 vs 2021)
Market Cap*
$52.3B
Net Profit Margin (2022)
XYZ
1.8%
(2022 vs 2021)
* As of and is in US$
Saudi Telecom Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Products | Mobile Voice, SMS and Roaming Service | STC |
| Solutions: | Managed Services | stc tv |
| WiFi Solutions | Real-estate Services | Jawwy TV |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with bolttech to offer customers embedded device protection offerings through a technology-enabled experience. |
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with China Mobile International to enhance the rollout and utilization of IoT connectivity solutions for enterprises. |
| 2024 | Contracts/Agreements | In March, the company along with Flynas, and SkyFive Arabia collaborated to enhance the in-flight connectivity experience for travelers in Riyadh, Saudi Arabia. |
Competitor Comparison
| Key Parameters | Saudi Telecom Co | Ooredoo QPSC | Mobile Telecommunications Co KSCP | Etihad Etisalat Company | Telkom SA SOC Ltd |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Qatar | Kuwait | Saudi Arabia | South Africa |
| City | Riyadh | Doha | Kuwait | Riyadh | Centurion |
| State/Province | Riyadh | - | - | - | - |
| No. of Employees | - | 1,832 | 2,659 | - | 9,868 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mohammed bin Khalid Al-Abdullah AL-Faisal | Chairman | Executive Board | 2021 | 56 |
| Olayan M. Alwetaid | Chief Executive Officer | Senior Management | 2021 | - |
| Ameen Fahad Alshiddi | Chief Financial Officer | Senior Management | 2016 | - |
| Abdullah Abdulrahman Alkanhl | Chief Strategy Officer | Senior Management | - | - |
| Haithem Mohammed Alfaraj | Chief Technology Officer | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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