About Saudi Telecom
Saudi Telecom is a company based in Riyadh (Saudi Arabia) founded in 1998. Saudi Telecom has completed 1 acquisition, including Vodafone Egypt. Saudi Telecom operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Riyadh, Saudi Arabia
- Stage Public
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$72.2 K (USD), Grant
Jan 01, 2021
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Investors
Western Union
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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People of Saudi Telecom
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Software Development Team
160 people
Leadership Team
68 people
Sales and Marketing
44 people
Operations Team
23 people
Product Management Team
20 people
Senior Team
20 people
Finance and Accounting
16 people
Project Team
13 people
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Funding Insights of Saudi Telecom
Investors in Saudi Telecom
Saudi Telecom has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Western Union and European Union.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Provider of remittance services
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Investor details for Saudi Telecom
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Investments & Acquisitions by Saudi Telecom
Saudi Telecom has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vodafone Egypt.
Investment portfolio details for Saudi Telecom
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Telecommunication services are delivered to Egyptian residential and business customers.
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Locked | Locked | 1998 | Locked |
Complete acquisition details for Saudi Telecom
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Financial Statements - Saudi Telecom
Detailed financials for Saudi Telecom
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Saudi Telecom Comparisons
Peer comparison for Saudi Telecom
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Competitors of Saudi Telecom
Saudi Telecom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Provider of telecommunication services
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Airtel is recognized as a provider of telecommunications and internet services.
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Provider of integrated telecommunication services
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Mobile internet services are provided for homes and offices.
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Integrated telecom service provider
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Detailed competitors of Saudi Telecom
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Latest news on Saudi Telecom
Complete news archive for Saudi Telecom
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Frequently Asked Questions about Saudi Telecom
Saudi Telecom was founded in 1998 and raised its 1st funding round 16 years after it was founded.
Saudi Telecom is headquartered in Riyadh, Saudi Arabia.
Olayan Mohammed Alwetaid is the current CEO of Saudi Telecom.
Saudi Telecom was founded in 1998 and operates as a major provider in the telecommunications sector from Riyadh, Saudi Arabia. Mobile, landline, internet, and computer networking services are offered, supported by a proprietary fiber-optic network spanning Asia, the Middle East, and Europe. Operations extend to Bahrain and Kuwait under the Viva brand. In 2022, annual revenues of 17.96 billion and net profit of 3.24 billion were recorded.
Saudi Telecom has made 1 acquisition, including Vodafone Egypt.
Saudi Telecom has 2 investors. Key investors include Western Union, and European Union.