STC Group Becomes Top Shareholder of Telefonica, Boosting Saudi Arabia’s Influence

STC Group Ascends to Top Shareholder of Telefonica: A Strategic Move? In a recent turn of events, Saudi Arabia’s STC Group has emerged as the top shareholder of Telefonica, a Spanish multinational telecommunications company. This development not only signifies a significant shift in the ownership structure of Telefonica but also marks an increase in Saudi …

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