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Saudi Telecom Q4 profit plunges 79pcSaudi Telecom Company (STC), the Gulf's No.1 telecom operator, reported a 79-per cent fall in fourth-quarter profit on Monday, missing market expectations, after it took one-time charges related to affiliates in South Afric More… |
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Saudi Telecom Q3 profit surges 25pcSaudi Telecom Company (STC), the Gulf's No.1 telecom operator, reported a 25 per cent jump in third-quarter profit, missing market expectations. The increase in net profit was because of growth in broadband and business sector More… |
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Intigral, STC provide more channels to viewersIntigral, leading ME digital media solutions provider, has launched a dedicated fiber optic data link, STM-16, which connects its Dubai office to Saudi Telecom Company’s (STC) broadcast operations, giving viewers more channels. More… |
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STC picks Huawei for metro networkLeading global information and communications technology (ICT) solutions provider, Huawei, has been selected by Saudi Telecom Company (STC) to supply new solutions to the company’s next-generation metro WDM networks in Saudi Arabia. More… |
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Saudi Telecom CEO resignsThe chief executive of Saudi Telecom Company, Saud al-Daweesh, has resigned, two company sources said on Monday. The sources, speaking on condition of anonymity, did not give a reason for Daweesh's resig More… |
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NSN in deal to expand STC 4G networkSaudi Telecom Company (STC) has selected Nokia Siemens Networks (NSN) to upgrade its nationwide GSM and 3G networks and expand its commercial 4G network. Nokia Siemens Networks is now responsible for building one-third of STC’s natio More… |
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STC signs up Ericsson for 4G servicesSaudi Telecom Company (STC) said it has selected Ericsson as one of the main vendors for the company’s smooth deployment of 4G/LTE network across the Kingdom. The Saudi telco giant said with the help of Ericsson’s leading end-to-end LTE so More… |
STC 'spearheading 4G growth in ME'Saudi Telecom Company (STC) has reaffirmed its leading role in the telecom industry by launching the 4G Long Term Evolution (LTE) services in Saudi Arabia, Kuwait and Bahrain, said its top official. This makes the STC group the f More… |
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Saudi Telecom Q4 earnings flatSaudi Telecom Company saw its fourth-quarter net profit edge down 0.3 percent as foreign currency losses hit its annual income, but the operator still beat forecasts. The former monopoly holder made a net profit of 2.28 billion riyal More… |
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Alcatel to support Saudi Telecom 4G LTESaudi Telecom Company (STC) has selected Alcatel-Lucent to support the launch of its first 4G LTE wireless network in the country, bringing subscribers true broadband services to their mobile devices. Alcatel-Lucent was selected to suppor More… |
