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Business
The company provides fixed and mobile telephone services in Saudi Arabia and other countries via subsidiaries.
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 1998 |
| Commercial Register: | 1010150269 |
| Website: | www.stc.com.sa |
| IRU@stc.com.sa | |
| Phone | +966 800 116 1100 |
| Fax | +966 11 443 3530 |
| Address | Imam Mohammed Bin Saud Street - Al Mursalat Area - Riyadh 11652 |
| PO Box | 87912 |
Financials Highlights (M )
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 1,782.02 |
| Free Float % : | 35.64 |
| Weight in Index % : | 3.40 |
| 3M Average Volume : | 2,714,045 |
| 3M Average Transactions : | 6,352 |
| Change(12M) % : | (9.45) |
Subsidiaries & Associates
| Company | Country | Percentage |
|---|---|---|
| STC GCC Cable Systems W.L.L. | Bahrain | 100.00 % |
| Innovation Fund Investment | Saudi Arabia | 100.00 % |
| Digital Centers for Data and Telecommunications | Saudi Arabia | 100.00 % |
| Intigral | Saudi Arabia | 100.00 % |
| Advanced Technology and Cybersecurity | Saudi Arabia | 100.00 % |
| Real Estate Smart | Saudi Arabia | 100.00 % |
| Telecom Towers | Saudi Arabia | 100.00 % |
| STC Turkey | Turkey | 100.00 % |
| STC Gulf | Bahrain | 100.00 % |
| STC Asia | United Kingdom | 100.00 % |
| BRAVO | Saudi Arabia | 100.00 % |
| stc B | Bahrain | 100.00 % |
| STC Channels | Saudi Arabia | 100.00 % |
| Aqalat | Saudi Arabia | 100.00 % |
| TCIC | Saudi Arabia | 100.00 % |
| STC Bank | Saudi Arabia | 85.00 % |
| SOLUTIONS | Saudi Arabia | 79.00 % |
| General Cloud Computing for Information Technology | Saudi Arabia | 55.00 % |
| STC - Kwait | Kuwait | 51.80 % |
| Internet of Things Information Technology | Saudi Arabia | 50.00 % |
| Arab Submarine Cables | Saudi Arabia | 50.00 % |
| CCC | Saudi Arabia | 49.00 % |
| Arabsat | Saudi Arabia | 36.66 % |
| Oger Telecom | UAE | 35.00 % |
| Binariang GSM Holding | Malaysia | 25.00 % |
Investments
| Company | Percentage |
|---|---|
| Virgin Mobile Kuwait | 10.00 % |
| VMSC | 10.00 % |
Milestones
31-08-2022
03-03-2010
Subsidiary VIVA Bahrain launched commercial operations
22-01-2009
Secured the third mobile license in Bahrain for SAR 862.5 million
04-12-2008
Subsidiary Kuwait Telecom Company (VIVA) launched commercial operations
21-01-2008
Bought a 35% stake in Oger Telecom for SAR 9.6 billion
11-2007
Acquired a 26% stake in Kuwait’s third mobile network license for SAR 3.37 billion
12-09-2007
Acquired 25% stake in Malaysia’s telecom operator Maxis for SAR 11.4 billion
16-04-2007
Acquired a 97% stake in the Arabian Internet & Communications Services Company for SAR 98.94 million.
11-04-2006
Raised capital to SAR 20 billion by a 33.33% bonus share issue
21-05-1998
Set up as a Saudi joint stock company
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