Saudi Telecom Co (7010)

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News

1 hour ago stc boosts regional connectivity plans through SAR 3bn Silklink project in Syria

Riyadh - Mubasher: Saudi Telecom Company (stc) was awarded a SAR 3 billion contract with the Syrian Sovereign Fund to implement a telecom infrastructure project, Silklink, in Syria.   The project aims to enhance telecommunications infrastructure …

Companies Investments

13 January 05:51 PM Mastercard, STC Bank forge partnership to boost digital transformation

Riyadh – Mubasher: Mastercard has partnered with STC Bank to provide its customers in the Kingdom with access to a broad range of cross-border payment services, according to a press release. The bank’s clients will leverage Mastercard Move’s …

Banking and Finance

11 January 11:34 AM stc concludes $2bn Sukuk offering

Riyadh - Mubasher: Saudi Telecom Company (stc) completed offering of its USD-denominated issuance of International Trust Certificates (sukuk) in two tranches, according to a bourse statement. The first auction was valued at $750 million, while the …

Bonds

6 January 02:21 PM Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance

Riyadh - Mubasher: Riyad Bank plans to issue USD-denominated Tier 2 capital sustainable notes under its medium-term note program. The issuance will be offered to eligible investors in Saudi Arabia and internationally, according to a bourse filing. …

Companies Investments

3 December 2025 06:51 PM IBM, stc join forces to drive quantum-safe cybersecurity for Saudi telecom sector

Riyadh - Mubasher: IBM and Saudi Telecom Company (stc) expanded their collaboration to enhance quantum-safe cybersecurity solutions across Saudi Arabia’s telecommunications sector, reinforcing the Kingdom’s readiness for the post-quantum era and …

Management Decisions

20 November 2025 07:03 AM Channels by stc, ABANA bower telecom services at Seamless KSA 2025

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and ABANA signed an agreement to provide installation services across various telecommunications and information technology fields. The two companies aim to deliver management and …

Event

20 November 2025 06:51 AM Channels by stc, RAMA Technologies to reinforce AI-driven ecosystem

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and RAMA Technologies, specialized in AI and data analytics solutions, signed a cooperation agreement at the Seamless Saudi Arabia 2025 forum. The two parties will bolster the smart …

Event

20 November 2025 06:41 AM Channels by stc empowers business sector via partnership with Samsung at Seamless KSA

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) penned a strategic agreement with Samsung Saudi Arabia to launch the latest display solutions tailored for the Saudi business sector. This includes the world’s largest B2B LCD screen, in …

Event

20 November 2025 06:30 AM ONFTECH, STC Bank partner at Seamless KSA 2025 to promote digital transformation

Riyadh – Mubasher: ONFTECH, an esteemed international software development company specializing in fintech solutions, signed a memorandum of understanding (MoU) with STC Bank during Seamless Saudi Arabia 2025. The agreement will enable the two …

Global Economy

13 November 2025 04:59 PM stc unveils digital solutions for tourism at global event TOURISE 2025

Riyadh – Mubasher: Saudi Telecom Company (stc) has showcased a suite of digital solutions for the tourism sector as the official sponsor of TOURISE 2025, which took place on 11-13 November, according to a press release. The inaugural edition of …

Event

3 November 2025 06:27 PM stc’s net profits exceed SAR 11.5bn in 9M-25; dividends for Q3 unveiled

Riyadh - Mubasher: Saudi Telecom Company (stc) achieved net profits totaling SAR 11.57 billion in the first nine months (9M) of 2025, higher by 3.08% than SAR 11.23 billion in 9M-24. Earnings per share (EPS) rose to SAR 2.32 in the …

Financial Results

8 October 2025 01:28 PM STC Pay intends to expand regionally, double growth – CEO at FinTech Forward

By: Ahmed El-Shamsy Mubasher: Metin Zavrak, CEO of STC Pay Bahrain, a unit of Saudi Telecom Company (stc), unveiled plans to expand the mobile wallet across the Middle East and the GCC region. In an exclusive interview with Mubasher on the …

Global Economy

1 October 2025 09:38 AM Red Sea Global, stc boost Saudi tourism sector via SAR 1.2bn deal

Riyadh - Mubasher: Saudi Telecom Company (stc) penned an agreement with Red Sea Global (RSG) to invest more than SAR 1.20 billion in expanding digital infrastructure and services across RSG’s portfolio of resorts and communities. This strategic …

Companies Investments

28 September 2025 05:58 PM solutions inks SAR 313.5m agreement with stc

Riyadh - Mubasher: Arabian Internet and Communications Services Company (solutions) has signed a SAR 313.39 million contract with Saudi Telecom Company (stc) on 25 September 2025. The 36-month deal aims to expand and develop stc’s internet and …

Companies Investments

1 September 2025 07:44 AM stc launches sccc by stc to bolster global cloud computing services

Riyadh – Mubasher: Saudi Telecom Company (stc) has launched "sccc by stc," the new identity of the Saudi Cloud Computing Company (sccc), which specializes in advanced cloud computing services and data processing using AI. This move aligns with …

Companies Investments

21 August 2025 06:03 PM e&, GCC telcos units launch 1st regional Sustainability Hackathon

Mubasher: Emirates Telecommunications Group (e&) and the GCC’s leading telecom operators have launched the region’s first Sustainability Hackathon, according to a press release. The initiative aims to accelerate green technology adoption and …

Event

27 July 2025 07:04 PM stc posts SAR 7.4bn profits in H1-25; dividends for Q2 announced

Riyadh – Mubasher: Saudi Telecom Company (stc) registered net profits worth SAR 7.47 billion in the first half (H1) of 2025, up 13.38% from SAR 6.59 billion in H1-24. Revenues amounted to SAR 38.66 billion as of 30 June 2025, marking a 2.09% …

Financial Results

1 July 2025 02:04 PM Ericsson launches new regional HQ in Riyadh

Riyadh – Mubasher: Ericsson has inaugurated its new regional headquarters (HQ) in Riyadh, supporting its operations across the Middle East and Africa (MEA) region, according to a press release. The event addressed the evolution of network …

Global Economy

29 June 2025 05:03 PM solutions pens over SAR 157.5m deal with stc for IT infrastructure project

Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) and Saudi Telecom Company (stc) joined forces to build a private cloud as part of the IT infrastructure modernization and hyperscaler partnership project. The two …

Companies Investments

18 June 2025 05:54 PM Multi Business extends 3-year agreement with stc

Riyadh - Mubasher: Multi Business Group Company has renewed its framework contract with Saudi Telecom Company (stc) for an additional three years. The agreement covers the restoration and improvement of work environments and outlets, according to …

Companies Investments

28 April 2025 09:03 AM stc posts 11% higher profits in Q1-25; dividends unveiled

Riyadh – Mubasher: Saudi Telecom Company (stc) recorded net profits valued at SAR 3.64 billion in the first quarter (Q1) of 2025, marking a growth of 11.04% from SAR 3.28 billion in Q1-24. The revenues increased by 1.59% year-on-year (YoY) to SAR …

Cash Dividends

23 April 2025 00:50 PM solutions, stc sign SAR 142.5m contract

Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) inked a SAR 142.40 million deal with Saudi Telecom Company (stc) on 21 April 2025, according to a bourse filing. The deal covers establishing and developing the …

Companies Investments

6 March 2025 03:58 PM Saudi sccc by stc partners with US-based Confluent to drive digital transformation

Riyadh – Mubasher: Sccc, a subsidiary of Saudi Telecom Company (stc), has joined the Confluent OEM Program as a managed service provider (MSP) to make data streaming more accessible in Saudi Arabia. The new partnership aligns with Saudi Vision …

Companies Investments

26 February 2025 01:48 PM stc delivers SAR 24.6bn profits in 2024; special cash dividends recommended

Riyadh – Mubasher: Saudi Telecom Company (stc) posted 85.70% higher net profits at SAR 24.68 billion in 2024, compared to SAR 13.29 billion in 2023. Revenues climbed by 5.73% year-on-year (YoY) to SAR 75.89 billion as of 31 December 2024 from SAR …

Cash Dividends

16 February 2025 08:32 PM stc enters into strategic agreements with global digital entities at LEAP 2025

Riyadh – Mubasher: More than 75 strategic partnerships between Saudi Telecom Company (stc) Group and tech industry giants were signed at LEAP 2025, which concluded on 12 February after lasting for four days, according This year, stc set new …

Companies Investments