Operational highlights

#1

in Mobile, Fixed, and IT

The most preferred ICT operator in KSA

28.34

million

Mobile subscribers in KSA

5.72

million

Fixed subscribers in KSA

3.35

million

stc play subscribers (registered)

4.97

million

stc tv subscribers (authorized*)

73%

Market share in terms of revenue

16

Submarine cables

25

data centers

(operational and under construction)

54.70%

 5G coverage

of residential and populated areas

Reached

18.03

million users

Loyalty program (Qitaf)

One

of largest

tower operators in the region

+22,000

towers

under management in 5 countries

19,863

employees

(at Group level)

+89.3%

Saudization

(for stc KSA and its local subsidiaries)

% 60.4

billion

in brand value (The most valuable telecom brand in the Middle East)

44.32%

Local content score

(up by 3.31% vs. 2023 and 8.76% vs. 2022)

* Authorized subscribers: Customers who have generated their login credentials and logged into stc tv or Jawwy TV at least once in their lifetime

Financial highlights

Revenue

% 75.89

billion

5.73% YoY

assets/img/green-Icon.svg

Net profit

% 24.69

billion

85.70% YoY

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Gross profit

% 37.30

billion

7.37% YoY

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EPS

% 4.95

EBITDA

% 23.93

billion

6.60% YoY

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Operates in
9 countries
across
2 continents

ESG highlights

stc ESG score

MSCI: BBB
S&P CSA: 53
Sustainalytics: 20.4
ISS ESG: C+ Prime

50%

reduction

2030 target for scope 1 and 2 (from 2019 baseline)

46.2%

reduction

2030 target for scope 3 (from 2019 baseline)

1

million trees

2030 planting target

Net Zero Carbon

2050 target

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