Saudi Telecom reported 53 percent local content: what it means for Saudi Telecom stock

Published on 10/12/2026 at 09:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached SAR 20.17 billion versus SAR 19.95 billion expected. For Saudi Telecom stock, net income was SAR 3.62 billion.

Key points in brief

Saudi Telecom reported 53.00 percent local content on September 29, 2026, versus a 41.00 percent sector benchmark.
Second-quarter revenue reached SAR 20.17 billion against SAR 19.95 billion expected.
Saudi Telecom reported SAR 3.62 billion net income for the second quarter of 2026.
The next quarterly results date is October 28, 2026.
The Tadawul-listed stock closed at SAR 42.60 on October 8, 2026.

Saudi Telecom, SA0007879543, Illustration mit AI erstellt.

Saudi Telecom (ISIN SA0007879543) reported 53.00 percent local content on September 29, 2026, above the 41.00 percent benchmark for Saudi telecommunications and information technology. Argaam reported that the company linked the result to local procurement, partnerships and national skills development.

What does 53 percent mean?

The figure gives Saudi Telecom a measurable operating indicator beyond its dividend profile. The company exceeded the sector benchmark by 12.00 percentage points, creating a concrete comparison for the latest strategic update.

The local-content program also connects the telecom operator with Saudi suppliers and technology providers. That matters because Saudi Telecom is expanding beyond fixed and mobile connectivity into information technology, cloud services, cybersecurity and digital payments.

Three dated milestones and figures

In January 2026, Saudi Telecom issued a USD 2.00 billion dual-tranche international sukuk, according to BTW Media. On June 30, 2026, second-quarter revenue stood at SAR 20.17 billion and net income at SAR 3.62 billion, according to Saudi Exchange. On September 29, 2026, the company reported 53.00 percent local content, completing the chronology with the most recent disclosed figure.

The second-quarter revenue figure also exceeded the SAR 19.95 billion estimate cited by TickerLandia. Net income was SAR 3.62 billion, while earnings per share were SAR 0.72 against SAR 0.68 expected, giving investors a quantified view of the latest quarter.

When is the next results date?

The next quarterly results are scheduled for October 28, 2026, according to TickerLandia. That release will show whether the investment program and digital expansion are translating into another revenue increase after the second-quarter comparison against expectations.

Stock remains below its yearly high

Saudi Telecom closed at SAR 42.60 on Tadawul on October 8, 2026. The same dated market record places the 52-week high at SAR 45.38 and the 52-week low at SAR 40.20, leaving the close SAR 2.78 below the high and SAR 2.40 above the low.

Saudi Telecom is listed on Tadawul under ticker 7010 and operates in Communication Services, with telecommunications as its industry. The Saudi Exchange profile assigns the company the ISIN SA0007879543 and lists its six-month 2026 revenue at SAR 20.17 billion.

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