Saudi Telecom Company
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| STC logo | |
| Company type | Public |
|---|---|
| ISIN | SA0007879543  |
| Industry | Telecommunications |
| Founded | 1998 |
| Headquarters | Saudi Arabia |
Key people | Dr. Muhammed Al-Jasser (Chairman) Saud Al-Daweesh(Acting-President) |
| Products | Telephone, Internet
revenue =  SAR 32.54 billion (2005) |
| Revenue | 13,295,000 Saudi riyal (2023) |
| Total assets | 159,683,000 Saudi riyal (2023) |
| Website | http://www.stc.com.sa/ |
Saudi Telecom Company (STC) is a Saudi Arabia-based telecommunications company that offers landline, mobile and Internet services.
Structure
The Company operates through its three business units:
Al Hatif
Includes landline services, card phones, public telephones, prepaid card services and business services.
Al Jawal
Offers a range of mobile services, including Family Al Jawal, Sawa, messaging services, business services, data services and roaming services.
Network Technology
| Network | Status | Date |
|---|---|---|
| 1996 | ||
| 2006[1] |
Saudi Data
Internet service provider, and a provider of data solutions. It serves the whole country, and is a comprehensive operator covering both mobile and fixed networks.
History
The STC has emerged as the result of privatization that began in late 20th century. All telecom services were administered by the former Saudi Telex, Mail and Telephone Ministry. The company's IPO in 2002 was a major success in the Saudi stock market that marked the beginning of other offers later by many companies. In less than 3 years the stock rose by more than 2000%.
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Management
- Dr. Muhammed Al-Jasser (Chairman of the Board)
- Saud Al-Daweesh(President)
- Ameen Al-Shidi(Acting-Vice President - Finance)
- Saad Dhafer Al Qahtani(Acting-Vice President, Sales & Marketing)
- Khaled Abdurhman Al-Jaser (Vice President of Mobile)
- Salah Al-Zamil(Vice President of Human Resources and Training)
- Sameer Matboli(Acting-Vice President, Saudi Data Units)
- Humood Al-Kasyer(Acting-Vice President, Corporate Core)
- Saad Ahmed Al-Demiaty (Vice President, International Telecommunications)
- Ibrahim Abdulaziz Al-Dhobaie (Vice President, Information Technology)
- Omer Mohammed Al-Turki (Vice President, Shared Services)
- Dr.Zeyad Al Otaibi(Vice President, Network)
Company Facts
| 2005 Revenue (SAR) | 32.54B |
|---|---|
| Net Profit Margin | 38.25% |
| Operating Margin | 41.06% |
| Return on Average Assets | 28.66% |
| Return on Average Equity | 39.04% |
See also
External links
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