![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
STC posts 22% jump in fourth quarter profit as royalty fee changes boost revenues
Saudi's telecom operator records net profit of 3.16 billion riyals in fourth quarter after royalty fee changes