STC reports Net Income of SR 9.3 billion, with Operating Profit growth of 7.1% and 2.6% for the 4th quarter and the full year consecutively
STC reports Net Income of SR 9.3 billion, with Operating Profit growth of 7.1% and 2.6% for the 4th quarter and the full year consecutively. and recommends SR 1 per share dividends for the 4th quarter<br>
Consolidated revenue for the year increased 11%, Gross Profit increased 8% compared to previous year, and continued with revenue growth from all sectors
Saudi Telecom Company CEO: STC has no intention to increase VIVA's offer price
Dr. Khaled Al Bayari, the CEO of Saudi telecom Company (STC), confirmed that STC is moving ahead with its offer to buy all shares of VIVA, not currently owned by STC, at the announced offer price of KD 1.000 per share
Dr. Abdullah Bin Hasan Alabdulqader is the STC’s Chairman of the Board of Directors
Saudi Telecom Company (STC) announced Dr. Abdullah Bin Hasan Alabdulqader as the STC's Chairman of the Board of Directors during the first meeting in its sixth session that been held on the evening of Monday, 15/7/1436 H corresponding to 04/05/2015 AD, and naming the Sub-committee depending on the functions and the approved authorities.
STC Chosen as a Finalist for Transformation Trophy At “The Procurement Leaders Award 2015”
Saudi Telecom Company (STC) announced today that it has been selected amongst the finalists competing to win the Transformation Trophy at the ninth Procurement Leaders Awards, for its New Horizon project, which has enabled the company to reach a “world-class” procurement system.
This accomplishment is a continuation of STC concern for raising the level of all services and management and organizational processes by adherence to the world metrics and standards based on meeting and delivering services that feature quick and satisfactory response...
STC's national ethos is deeply rooted in genuine ties to Saudi values and traditions. It is what makes STC participate in various events of national importance, support governmental development projects for the public and private sector demo...