Wednesday 4 May 2016
 
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STC

Saudi Telecom Q1 profit falls 5.2pc

Saudi Telecom Co (STC) missed estimates and extended an earnings slump as it reported a 5.2 percent fall in first-quarter profit on Tuesday. The former monopoly, which competes domestically with Etihad Etisalat (Mobily) and Zain S

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New subsea cable to connect ME, Africa and Asia

MTN Group, PCCW Global, Saudi Telecom Company (STC), Telecom Egypt (TE) and Telkom South Africa have partnered to construct a new submarine cable system which will connect Africa with the Middle East and South Central Asia. The co

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STC awards deal to deploy new IoT connectivity platform

Saudi Telecom Company (STC), a leading telecommunication services provider in the Middle East and North Africa and an operator within Saudi Arabia, has selected Gemalto, a leader in digital security, and Comarch, a powerhouse specialised in th

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New center of excellence in telecom launched in Saudi

The Saudi Telecommunications Company, King Fahd University of Petroleum and Minerals, and Ericsson launched the center of excellence to educate and prepare Saudi Arabian new graduates for careers in telecommunications.   

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New center of excellence in telecom launched in Saudi

The Saudi Telecommunications Company, King Fahd University of Petroleum and Minerals, and Ericsson launched the center of excellence to educate and prepare Saudi Arabian new graduates for careers in telecommunications.   

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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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STC to take majority control of Kuwait's Viva

Saudi Telecom Company (STC) will buy a further 25.8 percent of Viva for SR1.59 billion ($424 million), taking majority control of its affiliate following the close of a voluntary tender offer period for the Kuwaiti firm's shares.

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STC to take majority control of Kuwait's Viva

Saudi Telecom Company (STC) will buy a further 25.8 percent of Viva for SR1.59 billion ($424 million), taking majority control of its affiliate following the close of a voluntary tender offer period for the Kuwaiti firm's shares.

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Viva Kuwait Q4 net profit down 9pc

Viva Kuwait, currently the subject of a takeover offer from its main shareholder, reported a 9 percent fall in fourth-quarter profit on Sunday. The Saudi Telecom Company (STC) affiliate made a net profit of KD10.1 million ($33.26

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STC chief keen on 50pc stake in Kuwait's Viva

The chief executive of Saudi Telecom (STC) believes that owning 50 per cent of Kuwaiti affiliate Viva would be reasonable, he told Saudi-owned television channel Al Arabiya on Thursday. The kingdom's leading telecommunications

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