Saudi Telecom Company Announces Resignation of Nasser S. Alnasser as Chief Executive Officer, Effective March 28, 2021

Saudi Telecom Company SJSC is a Saudi Arabia-based company, engaged in the telecommunications sector. The Company operates under the following main business segments: Global System for Mobile Communications (GSM), for which the main services are mobile, third and fourth generation services, prepaid cards, international roaming and messages; Public Switched Telephone Network (PSTN), for which the main services are fixed line, card telephones, interconnect and international calls, as well as DATA, for which the main services are leased data transmission circuits, and digital subscriber line (DSL). The Company’s subsidiaries include: Viva Bahrain Closed BSC, Arabian Internet and Communications Services Co Ltd and STC Gulf Investment Holding SPC, among others.