stc Kuwait Reports Strong H1 2025 Growth, Launches 5G Advanced Network and Expands Digital Innovation

Kuwait Telecommunications Company (stc) announced robust financial and operational results for the first half of 2025, reflecting its strategic focus on quality growth, operational efficiency, and digital transformation aligned with Kuwait Vision 2035.

CEO Eng. Muataz Abdullah Aldharrab highlighted key milestones, including Kuwait’s early adoption of 5G Advanced technology in June 2025, positioning the country as a regional digital hub. stc’s 5G Advanced network offers faster speeds, smarter connectivity, and enhanced capabilities for individuals and businesses, paving the way for AI-powered and intelligent solutions across industries.

In addition to technological advances, stc earned ISO 45001:2018 certification for occupational health and safety management, underscoring its commitment to employee well-being and operational excellence.

The company also launched the third edition of its accelerator program, ‘inspireU,’ supporting Kuwaiti tech startups and SMEs to foster innovation and business growth.

Financially, stc posted total revenue of KD 174.6 million in H1 2025, up 5.2% from KD 166.0 million the previous year. Consumer segment revenues accounted for 77%, while enterprise contributed 23%, driven by integrated digital solutions across industries. EBITDA grew 5.7% to KD 45.5 million, with net profit rising 2.7% to KD 17.3 million (EPS of 17 fils).

stc’s customer base reached approximately 2.2 million by June 2025. Total assets stood at KD 470.4 million and shareholders’ equity at KD 222.9 million, reflecting a solid financial position that supports continued growth without compromising stability.

Eng. Aldharrab emphasized stc’s balanced approach to investment and operational efficiency, aimed at diversifying revenue streams and delivering sustainable returns. The company maintains high governance standards and internal controls to ensure transparency, institutional excellence, and competitive leadership in a rapidly evolving market.