Saudi Telecom Company SJSC operates in the Radiotelephone communications sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saudi Telecom Company SJSC with three other
telecommunications providers in Middle East:
Discount Investment Corporation Limited
sales of 17.20 billion Israel Shekels [US$4.86 billion]
of which 69%
Emirates Integrated Telecommunications Company PJSC
of United Arab Emirates
(12.73 billion Arab Emirates Dirhams [US$3.46 billion]
of which 72%
was Mobile), and
Mobile Telecommunications Company KSCP
based in Kuwait
(1.09 billion Kuwaiti Dinars [US$3.58 billion]
of which 100%
was Telecommunication and Related Services).
Saudi Telecom Company SJSC reported sales of 51.83 billion Saudi Riyals (US$13.82 billion)
December of 2016.
increase of 2.3%
versus 2015, when the company's sales were 50.65 billion Saudi Riyals.
This was the third consecutive year of growth at Saudi Telecom Company SJSC.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Saudi Telecom Company SJSC had sales
of 55.66 billion Saudi Riyals.
Sales of Unallocated saw an increase
that was more than double the company's growth rate: sales were up
150.0% in 2016, from
90.71 million Saudi Riyals to 226.79 million Saudi Riyals.
Saudi Telecom Company SJSC also saw significant increases in sales in
Telephone (up 10.2% to 13.52 billion Saudi Riyals)
Other (up 43.3% to 6.89 billion Saudi Riyals)
Not all segments of Saudi Telecom Company SJSC experienced an increase in sales in 2016:
sales of Mobile fell 6.8% to 31.20 billion Saudi Riyals.