Saudi Telecom Company: Rapid International Investments and Divestments

Journal Article

• Publication Online URL: Journal of Competitiveness Studies
• Issue Number: 3
• Volume Number: 23

Publication Abstract

Saudi Telecom Company (STC) entered the Asian markets as part of a strategy to strengthen its global presence. This goal has been accomplished through rapid widening and geographic reach in populous high growth markets via targeted acquisitions, described by some scholars as accelerated internationalization. However, in recent years, the soundness of this strategy has begun to be questioned, especially in the Asian region, and has imposed a number of convergent and evaluative questions that need to be discussed.