STC Kuwait FY revenue falls as virus lockdowns hit consumer sales and roaming

Thursday 4 February 2021 | 11:09 CET | News
STC Kuwait said its revenue for the year ended 31 December 2020 decreased to KWD 283.2 million from KWD 293.7 million in 2019. This decline is attributed to the total and partial lockdown imposed in Kuwait because of Covid-19, resulting in a decline in sales revenues in the consumer sector, as well as a significant and almost a total decline in roaming services revenues.

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Categories: Mobile & Wireless
Companies: STC Kuwait
Countries: Kuwait
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