Saudi Telecom Company

Headquarters

Company Name

Saudi Telecom Company SJSC

Ownership Type

Publicly Traded Company
State/Government Owned

Company Overview

The STC was established as a Saudi Joint Stock Company April 21st, 1998. The decree authorised the transfer of the Telegraph and Telephone Division of the Ministry of Post Telegraph and Telephone (MoPTT), hereinafter referred to as ‘Telecom Sector’, with its various components and technical and administrative facilities to the company, which approved the Company’s Articles of Association.

The Company was, at this point wholly owned by the Government of the Kingdom of Saudi Arabia. In September 2002 the Government sold 30% of its shares. The Company commenced its operations as the provider of telecommunications services in the Kingdom of Saudi Arabia on the 6th of Muharram 1419 AH (May 2nd, 1998) and received its Commercial Registration No. 1010150269 as a Saudi Joint Stock Company on the 4th of Rabi’1 1419 AH (June 29th, 1998). The Company’s head office is located in Riyadh.

Subsidiaries

The company has 3 subsidiaries operating mobile networks.

Country:
3G Bands:
4G Bands:
IoT Technology:
None
Country:
3G Bands:
4G Bands:
IoT Technology:
None

Stock Information

Market

Reuters Symbol

7010.SE

Six Month Historic

Chart provided courtesy of Reuters for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced upon the site.