stc (Saudi Telecom Company)

Saudi Arabian incumbent operator

Overview

Saudi Telecom Company, which trades as stc, establishes and operates fixed and mobile networks and infrastructure in Saudi Arabia and abroad.[2] It was founded on 21 April 1998 and is headquartered in Riyadh.[2] Its net profit of about US$4.0bn gives it a net margin of about 19%, one of the highest among operators in the list, and its profit rose about 27% between the two Forbes datasets on sales up about 3%.[2] Forbes did not publish an employee count.

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