Saturday 25 October 2014
 
»
Tag
 
»
Saudi Telecom

High dividends driving Saudi telecom sector

The growing data segment and ongoing cost-cutting initiatives are the near-term drivers of Saudi Arabia’s telecom sector while the attractive dividends yield of 4.3 per cent is the sector’s key attraction, a report said.

More…

Saudi Telecom Q2 profit nearly doubles

Saudi Telecom Company (STC), the Gulf's biggest telecommunications operator by market value, reported a 96 percent surge in second-quarter profit on Monday, beating analysts' estimates because of a change in the valuation of an Asian div

More…

Saudi govt seizes STC plot

Saudi Arabia's Ministry of Finance has seized some land in the country's capital from the kingdom's former telecom monopoly Saudi Telecom Company (STC), a bourse filing said on Monday. The 1.05 million sq m plot in Riy

More…

Saudi govt seizes STC plot

Saudi Arabia's Ministry of Finance has seized some land in the country's capital from the kingdom's former telecom monopoly Saudi Telecom Company (STC), a bourse filing said on Monday. The 1.05 million sq m plot in Riy

More…

Saudi Telecom plans $1.33bn sukuk

Saudi Telecom Co (STC), the Gulf's largest telecommunications operator by market value, has established a 5 billion riyals ($1.33 billion) riyal denominated sukuk programme, it said in a bourse statement on Wednesday. The prog

More…

Saudi Telecom picks banks for debut sukuk

Saudi Telecom Co (STC) , the Gulf's biggest telecom operator by market value, has picked three banks to manage its debut Islamic bond offer, banking sources aware of the transaction told Reuters on Wednesday. It has chosen JP

More…

Saudi Telecom profits jump 54pc to $637m

Saudi Telecom Co (STC), the Gulf's No 1 telecom operator by market value, reported a 54 percent jump in first-quarter profit as provisions and losses from foreign units fell and it sold some assets. The firm, which competes do

More…

STC launches advanced 4G network

Saudi Telecom Company (STC) has partnered with top information and communications technology (ICT) solutions provider Huawei to upgrade the current commercial 4th generation LTE TDD network to the advanced LTE-A network. LTE-A net

More…

STC profit lifted by accounting change

Saudi Telecom Co's (STC) fourth-quarter profit rose more than expected after it changed its method of accounting for an Indian unit, the Gulf's No.1 telecom operator said. Saudi Telecom reported a net profit of 3.62 billio

More…

Saudi Telecom Q3 net profit surges 73pc

Saudi Telecom (STC), the Gulf's No.2 telecoms operator by market value, has posted a forecast-beating 73 per cent rise in third-quarter profit, attributing the rise to cost savings. Having announced surprise profit falls in ea

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads