50 most admired companies
Tue 27 Feb 2018 12:46 PM
Saudi Telecom Company

Headquarters Riyadh

Year established 1998

Sector Telecoms

The publicly listed company on Tadawul is one of the biggest telecom operators in the region, providing mobile, internet, corporate computer and call centre services, developing telecoms infrastructure, distributing prepaid and postpaid calling cards and operating satellites. It has a number of investments in companies in Kuwait, Indonesia, Turkey, South Africa, Bahrain and Malaysia, where it acquired 25 percent of Axis Group. The former monopoly reported an eight percent rise in second quarter profit in July last year. In 2016, its revenues totalled over $13bn.