stc Group
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stc Group - overview
Established
1998
Location
Riyadh, -, Saudi Arabia
Primary Industry
Telecoms
About
Based in Riyadh, Saudi Arabia, and founded in 1998, stc Group operates as a telecommnication company that provides complete mobile, fixed, and broadband communication services to customers globally. Public Investment Fund acquired Saudi Telecom Co. Saudi Telecom Co offers its clients telecommunications, information, and media solutions that include the design, management, operation, and maintenance of both fixed and mobile telecommunication infrastructures. Furthermore, the firm designs, manufactures, and sells a wide range of telecommunication network equipment, apparatus, and components for fixed, mobile, and specialized networks, as well as computer software and intellectual property.
Current Investors
Public Investment Fund
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services, Internet Service Providers
Website
www.stc.com.sa/
Total Amount Raised
Subscriber access only
stc Group - timeline of key events

stc Group - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 51,963,243,000 | 54,367,531,000 | 58,953,318,000 | 63,416,977,000 | 67,431,546,000 | - | - | - |
| % Revenue Growth (YoY) | - | 4.6% | 8.4% | 7.6% | 6.3% | - | - | - |
| EBITDA (USD) | 20,458,891,000 | 21,264,980,000 | 22,090,000,000 | 23,333,358,000 | 25,078,667,000 | - | - | - |
| Operating Income (USD) | 12,245,225,000 | 12,480,393,000 | 12,731,125,000 | 13,127,755,000 | 15,088,441,000 | - | - | - |
| Operating Margin | 23.6% | 23.0% | 21.6% | 20.7% | 22.4% | - | - | - |
| % EBITDA Margin | 39.4% | 39.1% | 37.5% | 36.8% | 37.2% | - | - | - |
| NET Income (USD) | 11,080,498,000 | 10,924,831,000 | 11,185,197,000 | 11,594,697,000 | 12,386,922,000 | - | - | - |
| % Net Margin | 21.3% | 20.1% | 19.0% | 18.3% | 18.4% | - | - | - |
stc Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Telefónica, S.A | - | ||||||||
| Joint Venture, LP Direct | Completed | iot squared | - | ||||||||
| Private Placement/Follow on | Completed | stc Group | - | ||||||||
| LP Direct, PIPE | Completed | stc Group | - |
Displaying 1 - 4 of 4
stc Group - employee data

stc Group - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member of the Board's Nomination & Remuneration Committee | BM | ||||||
| Board Member | BM | ||||||
| Chairman of the Board | BM | ||||||
| Non Executive Board Member | BM | ||||||
| Board Member | BM |
BM Board Member
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