Saudi Telecom expands digital services. Saudi Telecom stock sits 7.27 percent below its high
Published on 10/13/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Saudi Telecom expanded digital solutions and investments across four non-telecom sectors on October 5, 2026.
- Second-quarter 2026 revenue reached SAR 20.17 billion and net income SAR 3.62 billion.
- Saudi Telecom stock was last at SAR 42.08 on Tadawul on October 13, 2026.
- Quarterly results are scheduled for October 28, 2026, while the stock remains 7.27 percent below its SAR 45.38 52-week high.
Saudi Telecom (ISIN SA0007879543) expanded digital solutions and investments across logistics, tourism, sports and real estate on October 5, 2026. Saudi Telecom stock was last at SAR 42.08 on Tadawul on October 13, 2026 at 11:14 a.m. AST, while its 52-week high stood at SAR 45.38.
Four sectors broaden the strategy
According to Argaam on October 5, 2026, Saudi Telecom is applying connectivity, cloud services, cybersecurity and Internet of Things tools beyond traditional telecom operations. The cited areas are logistics, tourism, sports and real estate, giving the announcement a four-sector scope.
The strategic shift matters because it links network assets with sector-specific services rather than relying on mobile and fixed-line connectivity alone. Saudi Telecom's profile also includes information technology, media and digital payment services, which supports that broader operating model.
What the second quarter shows
For the quarter ended June 30, 2026, revenue reached SAR 20.17 billion and net income was SAR 3.62 billion, according to TickerLandia. Revenue exceeded the SAR 19.95 billion estimate cited on the same page by SAR 0.22 billion, while earnings per share came in at SAR 0.72 versus a SAR 0.68 estimate.
The comparison points to a revenue beat of 1.10 percent against the estimate, calculated from SAR 20.17 billion and SAR 19.95 billion. Net income of SAR 3.62 billion and a reported net margin of 18.00 percent show that the digital expansion is being evaluated alongside a profitable core business.
October results set the next date
Saudi Telecom's next quarterly results are scheduled for October 28, 2026, according to TickerLandia. A separate October 13, 2026 estimate from finanzen.net puts third-quarter revenue at SAR 20.28 billion, up 5.26 percent from SAR 19.26 billion a year earlier, based on six analysts' forecasts.
Stock remains below its yearly high
At SAR 42.08 on October 13, 2026, the Tadawul quote was SAR 3.30 below the SAR 45.38 52-week high and SAR 1.88 above the SAR 40.20 low. The resulting 7.27 percent gap to the high places the market valuation between its yearly extremes, while market capitalization stood at SAR 210.0 billion on the same date.
Saudi Telecom's four-sector expansion and the October 28 results date give investors two concrete reference points for judging whether digital services are translating into additional growth. The next report will be measured against the SAR 20.17 billion second-quarter revenue base and SAR 3.62 billion net income.
Saudi Telecom stock in market context
Saudi Telecom stock was last at SAR 42.08 on Tadawul on October 13, 2026 at 11:14 a.m. AST. The further course of trading is shown by the continuously updated real-time quote of Saudi Telecom stock.
Saudi Telecom stock facts
- Company: Saudi Telecom Co.
- ISIN: SA0007879543
- Ticker: 7010
- Primary exchange: Tadawul
- Price Tadawul (as of October 13, 2026, 11:14 a.m. AST): SAR 42.08
- Market capitalization: SAR 210.0 billion (as of October 13, 2026)
- 52-week range: SAR 40.20-45.38 (as of October 13, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: October 28, 2026
Market context: Latest market reports.
