Saudi Telecom Company (stc) announces the integration completion of its Media Arm to enhance its digital ecosystem | premargin

Saudi Telecom Company (stc) announces the integration completion of its Media Arm to enhance its digital ecosystem

STCTadawulDecember 23, 2025View on exchange

Element List	Explanation
Announcement Detail	Saudi Telecom Company (stc) announces the completion of integrating its media arm, Gulf Digital Media Model Company (Intigral), and relocating its operations from the United Arab Emirates to the Kingdom of Saudi Arabia. This transition aims to enhance operational integration, increase efficiency, and maximize the utilization of digital capabilities, thereby supporting customer experience and sustainable growth, while continuing to provide services through the stc TV platform. Following Intigral integration, stc Board of Directors resolved on 22-12-2025 to finalize the regulatory and legal procedures related to the associated legal entities, including statutory liquidation. These procedures will not have material financial impact on stc’s financial results.

Element List

Explanation

Announcement Detail

Saudi Telecom Company (stc) announces the completion of integrating its media arm, Gulf Digital Media Model Company (Intigral), and relocating its operations from the United Arab Emirates to the Kingdom of Saudi Arabia. This transition aims to enhance operational integration, increase efficiency, and maximize the utilization of digital capabilities, thereby supporting customer experience and sustainable growth, while continuing to provide services through the stc TV platform.

Following Intigral integration, stc Board of Directors resolved on 22-12-2025 to finalize the regulatory and legal procedures related to the associated legal entities, including statutory liquidation. These procedures will not have material financial impact on stc’s financial results.