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Viva Kuwait signs $270m loan with NBKViva Kuwait, an affiliate of Saudi Telecom Co (STC), has signed a $270 million, five-year loan with National Bank of Kuwait (NBK) to finance the operator's network expansion, it said in a statement on Tuesday. This borrowing i More… |
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Ikoo gets $3m funding from STC for growth plansIkoo, a leading digital marketing solution provider, announced a major partnership with STC Ventures, backed by Saudi Telecom Company (STC), which has invested $3 million in the company to fund its future growth plans. STC Venture More… |
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Saudi Telecom inks strategic deal with LinkedInLinkedIn, a leading professional network with more than 200 million members worldwide and over five million professionals in the Mena region, has annouced a strategic partnership with Saudi Telecom Company (STC), the leading operator in the King More… |
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STC appoints chairman as acting CEOSaudi Telecom Company (STC) has appointed the company's chairman as acting chief executive, two sources familiar with the matter said on Monday, in the latest management upheaval at the Gulf's No.2 operator. More… |
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Saudi Telecom CEO resignsSaudi Telecom Co's chief executive Khaled Al-Ghoneim has resigned after less than a year in the job, the latest senior management executive to quit as the former monopoly tries to arrest a sustained profit slump. More… |
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Top Saudi Telecom official resignsSaudi Telecom Company's (STC) chief executive for its domestic operations has resigned, a company spokesman said on Sunday, the latest senior executive to quit the former monopoly. Jameel Abdullah al-Molhem's departure fol More… |
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Business booms as Gitex draws to a closeBusiness was booming at Gitex Technology Week 2012, on the closing day with the event attracting overwhelming crowds, showcasing eye-catching launches, sparking influential debate and facilitating a host of business connections on Thursday. More… |
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Gitex to end on a high noteA total of 1,000 launches will have taken place when the 32nd edition of Gitex, one of the world’s leading information and communications technology (ICT) gatherings, closes tomorrow (October 18), said the organisers. More… |
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Viva Kuwait seeks $400m loan for expansionKuwaiti telecoms operator Viva, part-owned by Saudi Telecom Co (STC), has approached banks for a $400 million loan aimed at expanding its existing capabilities, two banking sources familiar with the matter said. Viva, which launch More… |
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Broadband to drive Saudi telecom sectorSaudi Arabia’s telecom sector has strong growth potential with profit growth largely driven by value-added services such as broadband, costs efficiencies, and international operations, said a report. “We believe that the cor More… |
