
About Saudi Telecom
Saudi Telecom is a publicly listed company based in Riyadh (Saudi Arabia) founded in 1998. Telecommunication services are delivered in the Middle East and Africa. Saudi Telecom has completed 1 acquisition, including Vodafone Egypt. Its chief executive, as recorded, is Olayan Mohammed Alwetaid. Its website stc.com.sa draws about 9.4 million monthly visits. Its focus areas include Telecom, Telecom Operators and Cellular.
Company details
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.
- Annual Revenue$77.82 B2.54as on Dec 31, 2025
- Net Profit$14.88 B26.09as on Dec 31, 2025
- EBITDA$24.47 B2.16as on Dec 31, 2025
- Latest Funding Round$72.2K (USD), Grant
Jan 2021
- InvestorsWestern Union
& 1 more
- Investments & Acquisitions
Apps and channels of Saudi Telecom
Saudi Telecom publishes 2 mobile apps with over 10M+ downloads; its YouTube channel stc has 745K subscribers and 30 videos.
Videos from Saudi Telecom
The most watched videos on Saudi Telecom's YouTube channel, stc (745K subscribers). Click a video to play it here.
More on stc.
Funding Insights of Saudi Telecom
- Total Rounds 4
- Last Round Grant — $72,204
- First Round $35,528
(Jan 2014)
- Investors Count 2
All 4 funding rounds of Saudi Telecom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $72,204 | Grant | – | – | |
| Nov 2020 | $200M | Post-IPO | – | – | |
| Jan 2017 | Grant | – | – | ||
| Jan 2014 | $35,528 | Grant | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provider of remittance services | 1851 | westernunion.com | Denver, United States |
Investor details for Saudi Telecom
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People of Saudi Telecom
549 people are tracked at Saudi Telecom (159 in leadership, 390 in team).
| Name | Role | Group |
|---|---|---|
Olayan Mohammed Alwetaid | CEO | Leadership |
Safar al Bargan | Commercial Owed Media Director | Leadership |
Abdulaziz Abdullah Alqatie | Investment Operations, VP | Leadership |
Haytham Aldalaan | Regulatory Planning & Strategy Director | Leadership |
Sarah Alharbi | Transformation Program Manager, Director | Leadership |
Meshaal Alshawaf | Business Digital Apllication Director | Leadership |
Jubran Alshahrani | Data Center & Cloud Infrastructure Director | Leadership |
Mohmmad Alasqah | Head Of Jawwy Systems Engagement At STC | Leadership |
Faisal al Aboudi | General Manager – Group Shared Services | Customer Engagement & Business Partner | Leadership |
Mohammad Almogary | Corporate Strategy/strategy Development - Quantitative Analysis Director | Leadership |
Abdullah Abdulrahman Alkanhl | Group Chief Strategy Officer | Leadership |
Olayan M. Alwetaid | Group CEO | Leadership |
Riyadh Saeed Muawad | Group Chief Business Officer | Leadership |
Amir Abdulaziz Algibreen | Chief Officer, Group Regulatory & Compliance | Leadership |
Yasser Zaben Al Otaibi | Business Operations, VP | Leadership |
Haithem Mohammed Alfaraj | Group Chief Technology Officer | Leadership |
Mathad Faisal Alajmi | Group Chief Legal & General Council | Leadership |
Ahmad Musfer Alghamdi | Group Chief Human Resources Officer | Leadership |
Emad Aoudah Alaoudah | Group Chief Shared Services Officer | Leadership |
Faisal Abdulaziz Albakri | Government Accounts. VP | Leadership |
529 more people are available in the full profile.
Complete people profiles for Saudi Telecom
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IPO & Listings of Saudi Telecom
Saudi Telecom is a publicly listed company on the TADAWUL with ticker symbol 7010 in Saudi Arabia, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Aug 2018
- Listed onTADAWUL: 7010
- Listed entitySaudi Telecom Co.
- Exchange sectorCommunications
- ISINSA0007879543
- Share price42.04 SAR (-0.28% on the day) · 2026-10-14
- Market capitalisation210,679,818,534.00 SAR
- Price to earnings14.3
- EPS (diluted, trailing year)2.95 SAR
- Dividend yield5.21%
- Volume (last session)144,046
Financials of Saudi Telecom
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 77.82B SAR | 14.88B SAR | 24.47B SAR |
| 2024 | 75.89B SAR | 11.80B SAR | 23.95B SAR |
| 2023 | 71.78B SAR | 13.30B SAR | 22.45B SAR |
| 2022 | 67.43B SAR | 12.17B SAR | 24.00B SAR |
| 2021 | 63.01B SAR | 11.31B SAR | 22.84B SAR |
Detailed financial statements for Saudi Telecom
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Telecommunication services are delivered to Egyptian residential and business customers. | vodafone.com.eg | Cairo, Egypt | 1998 | Jan 2020 | $2.4B |
Complete acquisition details for Saudi Telecom
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Timeline of Saudi Telecom
5 dated milestones of Saudi Telecom across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Saudi Telecom is founded.
- Funding First funding round of $36K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Vodafone Egypt.
- Funding Latest funding round, Grant, of $72K.
Web traffic of Saudi Telecom
The website of Saudi Telecom (stc.com.sa) receives about 9.4M visits a month and ranks #6,555 among all websites worldwide, #951 in Computers Electronics and Technology.
- Monthly visits9.4M
▼ 0.7% vs previous month
- Unique visitors3.1M
per month
- Global rank#6,555
among all websites
- Category rank#951
Computers Electronics and Technology
- Bounce rate51%
- Pages per visit3.4
- Average visit3 min 10 sec
- DevicesDesktop 8% · Mobile 92%
Websites whose visitors overlap most with Saudi Telecom. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mobily.com.sa | 100% | 4.6M | #14,226 | View details | |
moi.gov.sa | moi.gov.sa | 69% | #25,898 | – | |
| expatriates.com | 69% | #17,998 | View details | ||
| jarir.com | 68% | 9.5M | #5,847 | View details | |
| ksaprice.com | 64% | 327.3K | #61,551 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Saudi Telecom
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- 40 similar websites
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Related news about 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 CEO of Saudi Telecom, as recorded in our data.
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.
Yes, Saudi Telecom is publicly traded on TADAWUL under the ticker symbol 7010.
Saudi Telecom has made 1 acquisition, including Vodafone Egypt.
Saudi Telecom has 2 investors. Key investors include Western Union, and European Union.
Yes. Saudi Telecom publishes mystc KSA and 1 more app, with over 10 million downloads.
The website of Saudi Telecom receives about 9.4 million visits a month and ranks #6,555 among all websites worldwide.
