Investor Presentation 2020
Channels by stc (Formerly Sale Advanced - SALECO)
35
channels
by stc
Investor Presentation 2020 | stc group
Date of Incorporation:
The subsidiary was founded back in 2008
Invested Capital:
A total of SAR 100 million
Subsidiary Objective:
Considered as the sales and distribution arm of stc Group, stc Channels is the leading and one of the largest telecom distribution companies in the Middle East with operations in Saudi Arabia,
Bahrain and Oman;
The company is a wholesaler and retailer of smart card services, communication equipment and computer services, the selling and reselling of all fixed and mobile telecommunications services and
the maintenance and operation of commercial complexes. The company's head office is located in Saudi Arabia.
stc Ownership:
In December 2011, stc acquired a 60% stake of the subsidiary. In January 2017, the company acquired the remaining shares thereby owning 100% in the subsidiary.
Digitization:
•
Reduced number of branches and distribution centers by 36%;
•
Increasing number of Self-services machines which increased the number of transactions by 380% in two years only;
Digitized inventory management by using a digital order management system;
.
Launched digital platforms to boost online sales: MyStore, Mystc, electronic recharging...etc.
266
Stores
46,000 +
Merchants
122+
Distribution Hubs
57,000 +
POS transaction
3,200 +
Agents
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