Riyadh Communications

Riyadh Communications

Riyadh communications had a facelift when authority allowed public participation in the sector. The Saudi Telecom Company has come out as the result of bogus privatization that started in late 20th century. All telecom services were managed by the previous Saudi Telex, Mail and Telephone Ministry. The company's IPO in 2002 was a most important success in the Saudi stock market that manifested the commencement of other offers later by loads of companies. In less than 3 years, the stock rose by more than 2000%. This rise in stock price is a major income for the government, which owns most of the company stock.

The STC has been an object for open censure since it was part of the Ministry of Telex, Mail and Telephone. Because it was, a perfect monopoly services were overpriced even compared to other countries in the region. Some Saudis began using the GSM networks of countries nearby, most notably that of the Bahraini telecom company, Batelco, due to its proximity to the commercial region of the Eastern Province. Riyadh communications is in a way related to Riyadh Economy and Politics

Bayanat Al Oula for Network Services is a privately funded and owned by three of the leading communication firms in Saudi Arabia: Nour Communications, Baud Telecom Company and Al-Harbi Telecom. The emergence of companies like Bayanat Al Oula has marked a new era in Communications in Riyadh. The company offers international bandwidth, connectivity services, broadband internet, value added services, e- commerce services and video conferencing among many other facilities.

There are 3,317,500 landline users and 5.008 million mobile users in the country. Domestic telephone systems operates on extensive microwave radio relay and coaxial and fiber optic cable systems. There are 6.25 million radios in Saudi Arabia; most of them are in Riyadh. There are 22 ISPs in Riyadh. In short, Riyadh communications is well matured and developed.

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