Tuesday 9 February 2016
 
»
Tag
 
»
STC

STC to take majority control of Kuwait's Viva

Saudi Telecom Company (STC) will buy a further 25.8 percent of Viva for SR1.59 billion ($424 million), taking majority control of its affiliate following the close of a voluntary tender offer period for the Kuwaiti firm's shares.

More…

STC to take majority control of Kuwait's Viva

Saudi Telecom Company (STC) will buy a further 25.8 percent of Viva for SR1.59 billion ($424 million), taking majority control of its affiliate following the close of a voluntary tender offer period for the Kuwaiti firm's shares.

More…

Viva Kuwait Q4 net profit down 9pc

Viva Kuwait, currently the subject of a takeover offer from its main shareholder, reported a 9 percent fall in fourth-quarter profit on Sunday. The Saudi Telecom Company (STC) affiliate made a net profit of KD10.1 million ($33.26

More…

STC chief keen on 50pc stake in Kuwait's Viva

The chief executive of Saudi Telecom (STC) believes that owning 50 per cent of Kuwaiti affiliate Viva would be reasonable, he told Saudi-owned television channel Al Arabiya on Thursday. The kingdom's leading telecommunications

More…

Iran-India $2.5bn steel deal totters as sanctions end looms

India's largest-ever steel export deal, struck with Iran in 2014 to allow it to buy the metal without violating Western sanctions that are now set to end, has become mired in a dispute that has seen no payments made or shipments delivered

More…

Viva Kuwait to discuss STC takeover offer

The board of Viva will meet on Sunday to discuss a takeover offer from its parent company Saudi Telecom Company (STC), according to a bourse filing from the Kuwaiti telecommunications firm. STC said last week it will offer KD1 ($3

More…

STC eyes Bahrain market for new initiatives

The Saudi Telecom Company (STC) is in talks with its subsidiary VIVA Bahrain to launch many new initiatives in the Bahraini market, said a top official. STC chief executive Dr Khalid Al Biyari was speaking at a Press conference ma

More…

STC offers to take 100pc stake in Kuwait's Viva

Saudi Telecom Company said on Thursday it has submitted an offer to increase its stake in Kuwait's Viva to 100 percent that is pending approval from Kuwait's market regulator. STC's voluntary offer document proposes to

More…

STC offers to take 100pc stake in Kuwait's Viva

Saudi Telecom Company said on Thursday it has submitted an offer to increase its stake in Kuwait's Viva to 100 percent that is pending approval from Kuwait's market regulator. STC's voluntary offer document proposes to

More…

STC sets minimum quarterly dividend

Saudi Telecom Company (STC) plans to pay a minimum quarterly dividend of SR1 per share for three years from the fourth quarter of 2015 onwards, the operator said on Wednesday adding payments could be higher depending on its performance.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads