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 divestment.
The firm, which competes d
Etisalat reported a 26 percent jump in second-quarter profit on Sunday, beating analysts' estimates, as the UAE firm's acquisition of a majority stake in Maroc Telecom bolstered its bottom line.
The former telecom monopoly, which operates in 19 countries across the Middle
Batelco, Bahrain’s leading telecommunications services provider, has launched 4G LTE data roaming services to customers travelling in Saudi Arabia, in a deal with Saudi Arabia’s Mobily.
The customers need not s