Saudi Telecommunication - M&A Summary and Business Overview

CommunicationsCompany

Saudi Telecommunication M&A Summary

Saudi Telecommunication has acquired 1 company. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2023, when it sold Contact Center Company to Arabian Internet & Communications Services for $61M. The Company’s most targeted sectors include business services (100%).

Saudi Telecommunication Business Overview

Where is Saudi Telecommunication headquartered?

Saudi Telecommunication is headquartered in Riyadh, Saudi Arabia.

What sector is Saudi Telecommunication in?

Saudi Telecommunication is a communications company.

When was Saudi Telecommunication founded?

Saudi Telecommunication was founded in 1998.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

Saudi Telecommunication

Saudi Telecommunication Company

Building 17, Prince Moqran Ibn Abdulaziz Al Mursalat,
Riyadh, 12464
Saudi Arabia,
+966 11 455 5555
www.stc.com.sa

Saudi Telecommunication is a provider of digital solutions and services in various areas including communications, information technology, digital payments, digital media, cybersecurity Saudi Telecommunication was founded in 1998 and is based in Riyadh, Saudi Arabia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.2/yr) # - - - - 1 - 1
vol $61M $61M
  2

Most Recent M&A

Company Date Value Type
Contact Center Company 2023-01-11 61M USD Divestiture
Riyadh, Saudi Arabia · www.ccc.net.sa
Contact Center Company 2011-01-01 - Joint Venture
Riyadh, Saudi Arabia · www.ccc.net.sa
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 1 (100%) - 1 (100%) 61M (100%)
Total 1 - 1 $61M

By Geo

State/Country Buy Value Sell Value
Saudi Arabia 1 - 1 61M
Total 1 - 1 $61M

Deal Values

sell # Total
< $100M 1 $61M
TOTAL $61M
Largest Contact Center Company
$61M (2023-01-11)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Communications

Established

1998

Public

7010

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