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This is a list of internet service providers in Saudi Arabia. Internet in Saudi Arabia is provided by several service providers: the Saudi Telecom , the CITC , and the ISP which provides the monthly subscriptions.
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In 2021, Saudi Arabia's Public Investment Fund (PIF) sold 120 million shares in Saudi Telecom Company (stc Group) for $3.2 billion after completing a secondary share offering of stc Group. [12] [13] The STV Investment Fund, which invests in small and medium-sized companies in communications and information technology, was established in 2018. [25]
Saudi Arabia is a major market for pan-Arab satellite and pay-TV. Saudi investors are behind the major networks MBC , which is based in Dubai, and Emirates based OSN . [ 2 ] [ 3 ] The Saudi government estimated that in 2000 the average Saudi spent 50% to 100% more time watching television than his or her European or US counterpart. [ 4 ]
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