![A Saudi Telecom Company (STC) telecommunications store is illuminated at night in Riyadh, Saudi Arabia, on April 22, 2016. Waseem Obaidi for The National *** Local Caption *** 002Riyadh assignment_.jpg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/2HG2CNPHD42PHKE5ZL7IYB5UEM.jpg?smart=true&auth=046c381dd4cad51550392c4ff820cccb6a96f45bdde19df9a4dcd63fd90588a3&width=400&height=225)
Saudi Telecom Company reported a 22 per cent drop in fourth-quarter net profit. Waseem Obaidi for The National
Saudi Telecom Company reported a 22 per cent drop in fourth-quarter net profit. Waseem Obaidi for The National
Saudi Telecom's fourth quarter profit drops as expenses increase
Company expects to book profit from the Careem sale in its 2020 first quarter results