State-controlled Saudi Telecom (STC), the kingdom's biggest operator, posted a 26 percent fall in fourth-quarter net profit, it said.
Net profit fell to 2.3 billion Saudi riyals ($613.3 million) from 2.94 billion riyals a year ago, STC said in a bourse statement.
Despite the loss, the overall percentage contribution of the firm's international operations had increased due to a larger number of subscribers, the statement said.
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