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   Top Saudi Arabia Business News     

STC revenue exceed SR14 billion last year
Riyadh, 29 November 2000

The Saudi Telecommunications Company's total revenue last year exceeded SR14 billion, al-Watan newspaper has reported, quoting Saudi Arabian Monetary Agency sources.

The STC, which is in its second year, has provided 2.9 million land telephone lines, an increase of 731,000 lines from the previous year.

The STC granted permits to several private companies to offer pre-paid telephone service.

Source: SPA

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 June 28, 2001 15:37:11