Saturday 30 July 2016
 
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Saudi Telecom

STC misses forecasts with 27pc Q2 profit fall

Saudi Telecom Company (STC) missed estimates as it reported a 27.1 percent fall in second-quarter profit on Tuesday. The former monopoly, which competes domestically with Etihad Etisalat (Mobily) and Zain Saudi, made a net profit

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Saudi Telecom picks Juniper for cloud service

Saudi Telecom Company (STC) has deployed Juniper Networks Contrail Networking to create automated, best-in-class cloud services for its customers. STC is pioneering the use of Network Function Virtualization (NFV) in the region, e

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Saudi Telecom picks Juniper for cloud service

Saudi Telecom Company (STC) has deployed Juniper Networks Contrail Networking to create automated, best-in-class cloud services for its customers. STC is pioneering the use of Network Function Virtualization (NFV) in the region, e

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STC picks ItsOn to launch disruptive digital brand

Saudi Telecommunications Company (STC) has launched a new digital mobile brand using the cloud-based platform from US-based ItsOn. Jawwy from STC will be available before the end of the month, a statement said. &quo

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Mobily adds more benefits to Hala package

Leading Saudi-based telecom services operator Mobily has launched its new monthly Hala package with special add-on benefits for all prepaid customers in addition to its basic benefits, which allows more flexibility to the customers.  

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STC picks Juniper to develop Internet gateway

Saudi Telecom Company (STC) has selected US-based Juniper Networks’ PTX5000 Series Packet Transport Routers to expand its fixed and mobile Internet gateway backbone. The new backbone will enable STC to handle services and fu

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STC takes majority control of Kuwait's Viva

Saudi Telecom Co (STC) has completed the purchase of a further 25.8 per cent stake in Kuwait's Viva, Kuwait's stock market said on Thursday. STC has "completed procedures to execute the deal to acquire shares in Viva,

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Saudi Telecom offers to buy SaleCo stake for $106m

Saudi Telecom Company (STC) has offered to buy the shares in Sale Advanced Company (SaleCo) it does not already own for SR400 million ($106.6 million), it said in a statement on Sunday. STC's bid for the 40 percent stake held

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Saudi Telecom offers to buy SaleCo stake for $106m

Saudi Telecom Company (STC) has offered to buy the shares in Sale Advanced Company (SaleCo) it does not already own for SR400 million ($106.6 million), it said in a statement on Sunday. STC's bid for the 40 percent stake held

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Kuwait's Viva says STC offer not fair

The board of Kuwait's Viva is advising shareholders that the pricing of a takeover offer from Saudi Telecom Company is not fair, but it is up to shareholders to decide whether to sell their shares, Viva said on Tuesday. Saudi

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