When quote from other companies were invited, they are willing for even 700 SR for 1Mb (cyberia if I recollect it right).
These rates are for corporate clients. They include a static ip and few other extra features. For individuals, every ISP currently are offering DSL cards which are quite cheap and affordable. There is additionally a fixed charge from STC for DSL. It varies from SR 90 up to 300 for speeds from 64K up to 4 Mb. STC site has very detailed and impressive description of the services.
Setting up DSL using the DSL cards are quite easy. Even for upto 10 users, internet can be made available for as low as 200/- SR per month (@ 256K speed). I tried both the Awalnet and cyberia cards. Awalnet used to get disconnected quite often while cyberia seems stable comparatively.
The steps I followed:
1. Request STC to enable DSL for the telephone line you chose.
2. Buy an ADSL router from the market. There are many and I have tried speedtouch (vert basic features), Netgear and linksys. My favourite is