Saudi Telecom Company (STC)

Viva aims to gain a 10% share of the Kuwaiti market in its first year of operations.

UPDATE 1: Company misses forecasts as Q3 net income drops to $803.7mn, attributed to expansion costs.

Gulf state's third telecom operator's public offering was 2.4 times oversubscribed, sold 250mn shares.

Middle East's largest operator to have exclusive rights to use logo and imagery within kingdom.

Cable fault on King Fahd Causeway slows Internet service and cuts access to some sites

Subscribers of 30 foreign operators to benefit, fees to fall by up to 69%.

50 percent of new company will be sold to the public

Gulf state's third mobile operator may be in business by October, official says.

Kingdom's third mobile operator will initially cover 53% of population with own nextwork.

Consortiums led by Bahrain's Batelco, Hong Kong's PCCW and US-based Verizon.

Operator signs final agreement for 35% stake as it expands its investments internationally.

Dubai-based telco to use proceeds of sale of stake to Saudi Telecom to fund purchase, CEO says

Largest Arab telecom sees Q4 earnings rise 9.6% to $813.3mn, but still misses analysts' forecasts.

CommsMEA examines how Saudi Arabia's telecoms market is likely to develop in the coming years.

Operator beats off rivals in contest for stake in country's third mobile phone company.

Nine bidders are to compete in a November 27 auction for a 26% stake in the country's third mobile firm.

Largest Arab telecom operator posts fifth consecutive fall in net income in Q3, down 2% to $837.3mn.

Saudi mobile firm installs filtering device to tackle rise of spam and viruses via handsets.

Investors and companies are increasingly abandoning a model distorted by last year's stock market crash.

Telecom says it has 15.5 million mobile phone subscribers in the largest Arab economy.

Saudi Telecom Co. has agreed to pay $3 billion to buy into Malaysian telco Maxis.

Saudi Telecom is to invest over four billion riyals in new broadband services this year, and drive coverage in the Kingdom into remoter areas.

Operator eyes 10% revenue growth through foreign investment by 2010.

Cisco CEO John Chambers has identified "very strong order growth" in the MEA region as a highlight in the network's giant's fiscal third quarter results.

Three consortia have won licences to provide fixed-line services in Saudi Arabia, bringing an end to the monopoly of Saudi Telecom Company (STC).

Kingdom's state-owned telephone company snaps up ISP and targets 1 million subscribers.

Saudi Telecom will look to either Africa or Asia in its overseas expansion.

Verizon Comms is among the consortia bidding for Saudi's second fixed line licence.

Saudi Telecom is to follow other regional telecoms heavyweights in seeking acquisitions.

Kuwait's MTC is favourite to secure the lucrative third mobile license in an upcoming auction.

Saudi Telecom Company (STC) has been named IP network service provider of the year by Cisco.

Saudi Telecom Company (STC) has selected WebMethods technology to help it process its annual revenue of around US$2 billion

Finalising the ten CIOs and IT managers worthy of gracing the pages of ACN’s annual Top Ten IT Managers feature is never an easy task. It took hours of debate and a few heated verbal exchanges. Over the next seven pages we profile ten of the best IT managers in the region – individuals that have excelled in their profession and truly harnessed the power of IT to deliver tangible business benefits during 2006.

To Abu Dhabi last week for the World Leadership Summit, which featured the likes of George Bush Senior and former German Chancellor Gerhard Schroeder. It was Schroeder who stole the show with an emotive speech, looking back at his years in office. Soon after, he gave a half-an-hour exclusive interview to CNBC Arabia's Ramia Farrage, in which he discussed fierce opposition to the Iraq war. Or so we think. Unfortunately for Farrage, all Schroeder's answers were in German. As the interview ended, she explained to him: "I've really enjoyed meeting you Mr Schroeder. Unfortunately I haven't got a clue what you were talking about."

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Fixed line and mobile network expansions will add much-needed capacity in the Kingdom. Lower tariffs should stimulate demand for services.

STC's HQ had to move swiftly to restore services after a power failure fried several Jeddah telephone exchanges.

Internet service providers (ISPs) in Saudi are demanding greater bandwidth capacity from the Kingdom’s two governing Internet custodians.