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Saudi Telecom Co. Interim / Quarterly Report 2012

Jul 18, 2012

53480_rns_2012-07-18_e571c1f3-7c48-4f7d-999c-5465a498afa4.html

Interim / Quarterly Report

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Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.06.2012 (6 months). ( Cont 2 )

7010 · 18/07/2012 18:34:10 · Announcement #26598 · View on Saudi Exchange

Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.06.2012 (6 months). ( Cont 2 )

Commenting on the results, STC Group CEO, Dr. Khaled A. Alghoneim, said: "The second quarter witnessed continued growth for STC. We attracted more customers in mobile, broadband (fixed & mobile), and fiber to the home, also we have increased wholesales and business sectors sales. This is mainly, due to the pipeline of fresh, targeted services that we are consistently delivering, combined with our focus on providing an integrated experience and tailored, high-quality, customer service. We will continue with our ongoing efforts to remain customer-centric, which is clearly delivering results. This is a position we intend to maintain, by striving to lead through investing in technology and innovative solutions across fixed, mobile and data products, and by exceeding our customers expectations so that together, we can reach new horizons. Also, We continue to drive intra-company cooperation, which will deliver additional performance improvements during the upcoming Ramadan & Hajj seasons, both in our domestic and international businesses, through collaborative marketing campaigns capitalizing on the group synergies. We seek to be recognized as a catalyst for technological, economic and social development, we believe this will enable us to generate incremental value to our shareholders. ( Cont )

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.