Saudi Telecom Co - Company Profile
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Saudi Telecom Co (STC) provides landline, mobile and internet services. Liquidity position, financial performance and leading market position are the company’s major strengths, whereas limited scale of operations remains an area of concern. Cloud computing market, exploring internet of things (IoT) technology, and contracts and agreements are likely to offer new growth opportunities to the company. However, intense competition, cyber security and data privacy risks, technological changes could affect its business operations.
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