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In 2021, Saudi Arabia's Public Investment Fund (PIF) sold 120 million shares in Saudi Telecom Company (stc Group) for $3.2 billion after completing a secondary share offering of stc Group. [12] [13] The STV Investment Fund, which invests in small and medium-sized companies in communications and information technology, was established in 2018. [25]
Saudi Telecom (STC) said on Wednesday it would transfer its data centres, international submarine cables and points of presence assets to a new wholly-owned company, a day after news it would ...
This list identifies the largest telecommunications companies by total revenue. ... Saudi Telecom Company: $18.0 [21] Saudi Arabia: 22: ... Cable One: $1.7 [87 ...
Saudi Telecom Company (STC) was the first company in Saudi Arabia to provide Mobile and Fixed line Telephone service. While the first internet connectivity was offered by Sahara Net in summer of 1994, the Communications Commission then allowed other companies to compete with STC in Saudi Arabia taking the total number of companies to five: (1 ...
This is a list of internet service providers in Saudi Arabia. Internet in Saudi Arabia is provided by several service providers: the Saudi Telecom , the CITC , and the ISP which provides the monthly subscriptions.
Integrated Telecom Company (Arabic: شركة الاتصالات المتكاملة), currently known by its trade name Salam (Arabic: شركة سلام), is a telecom provider established in 2005 offering broadband, interconnection and Satellite services for businesses, consumers and wholesale segments of the Saudi market.
The main activities are in the field of Low, Medium and High Voltage Power Engineering works in Saudi Arabia and GCC countries. These include installation, testing, commissioning and maintenance works for Substations, Transformers, Switchgears and High Voltage Underground XLPE and Oil-Filled cable systems for voltage between 69 KV up to 380 KV with the latest & state-of-the-art testing equipment.
This list displays both of the two Saudi companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2018. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each ...