Saudi Telecom Company Al-Sugair is steering the ship at STC following the surprise resignation of Khaled Al-Ghoneim in March 2013 after some disappointing Q412 results. STC commands significant influence serving over 160 million customers globally with a footprint covering Saudi Arabia, Turkey, Kuwait, Lebanon, Jordan, Bahrain, India, Malaysia, Indonesia and South Africa. In the first nine months of 2013, STC’s revenues were up 2.5 per cent led by 25 per cent growth at its controlled international subsidiaries, while EBITDA was up 3.5 per cent.