Saudi Telecom reports LEAP partnerships: what it means for Saudi Telecom stock
Published on 10/02/2026 at 04:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Saudi Telecom Company reported strategic partnerships during its LEAP 2026 participation on September 4, 2026, according to Argaam. Saudi Telecom stock therefore enters October with its digital expansion strategy linked to a concrete company event rather than a broad sector narrative.
LEAP partnerships set the latest signal
The September 4 announcement followed stc group participation at LEAP 2026 and described partnerships aimed at accelerating Saudi Arabia's digital future, Argaam reported. The significance for shareholders is the widening mix of telecom, cloud, data and digital-services activities described in the company's listed business profile.
Second-quarter revenue rose 1.17 percent
Saudi Telecom reported SAR 20.17 billion of revenue in the second quarter of 2026, compared with SAR 19.94 billion in the first quarter, according to the Saudi Exchange. That represents a 1.17 percent sequential increase.
Net profit attributable to shareholders reached SAR 3.62 billion in the second quarter, down 1.98 percent from SAR 3.70 billion in the first quarter. For the first half of 2026, Argaam lists net profit at SAR 7.30 billion, including SAR 3.60 billion for the second quarter, Argaam reported.
Market value and yearly range
Saudi Telecom was last quoted at SAR 42.74 on Tadawul on October 1, 2026 at 3:19 p.m. AST. The quote stood 5.82 percent below the SAR 45.38 52-week high and SAR 2.54 above the SAR 40.20 low.
The latest market capitalization was SAR 213.3 billion as of October 1, 2026. This valuation gives the digital-partnership strategy a measurable market backdrop while the second-quarter figures show revenue growth alongside a sequential profit decline.
Next results date is October 28
Saudi Telecom's next scheduled results date is October 28, 2026, according to the agenda shown by Marketscreener. That report will give investors the next quantified test of whether the expansion in digital services is translating into sustained earnings growth.
Saudi Telecom stays within its yearly range
On Tadawul, Saudi Telecom was last at SAR 42.74 on October 1, 2026 at 3:19 p.m. AST, between its SAR 40.20 and SAR 45.38 52-week extremes. Saudi Telecom Company is listed under ticker 7010 in the telecommunications services sector.
Saudi Telecom stock facts
- Company: Saudi Telecom Co.
- ISIN: SA0007879543
- Ticker: 7010
- Primary exchange: Tadawul
- Market capitalization: SAR 213.3 billion (as of October 1, 2026)
- 52-week range: SAR 40.20-SAR 45.38 (as of October 1, 2026)
- Sector / Industry: Telecommunications Services
- Next earnings date: October 28, 2026
