KUWAIT – October 27, 2025: Kuwait Telecommunications Company (stc) has reported revenues of KD 255.7 million and a net profit of KD 25.8 million for the first nine months of 2025, marking a 2.9% and 4.5% year-on-year increase, respectively. The company’s performance underscores its resilience and strategic focus on expanding digital services and 5G capabilities amid a dynamic market environment.
According to Eng. Muataz Abdullah Aldharrab, CEO of stc, the growth was driven by the company’s flexible operating model, ongoing innovation, and sustained demand for advanced connectivity solutions. “Amid global economic challenges, stc continues to enhance its market share through integrated digital platforms and products that meet the evolving needs of consumers and enterprises,” Aldharrab said.
The consumer segment contributed 78% of total revenue, while the enterprise segment accounted for 22%, supported by new partnerships with government entities to accelerate digital transformation and improve service delivery.
stc’s EBITDA rose 8.7% to KD 69.2 million, representing its highest level in recent years, driven by revenue growth and improved operational efficiency. The company’s customer base reached 2.2 million by the end of September 2025, reflecting continued market confidence and service quality.
Aldharrab highlighted that total assets reached KD 486.7 million, with shareholders’ equity at KD 231.4 million, positioning stc among the most financially solid telecom operators in the region. He added that the company remains committed to strengthening profitability through cost discipline, digital innovation, and revenue diversification, in alignment with Kuwait Vision 2035.
The CEO reaffirmed stc’s focus on refining its financial and corporate strategy to keep pace with global ICT advancements. “We will continue to invest in next-generation technologies, expand our 5G ecosystem, and enhance customer experience — all while maintaining sustainable returns for shareholders,” he stated.
