Brand Finance: stc Tops Middle East Telecom Rankings at $17.6bn for Sixth Consecutive Year
Saudi Arabia’s stc has retained its position as the most valuable telecommunications brand in the Middle East for the sixth…
Saudi Arabia’s stc has retained its position as the most valuable telecommunications brand in the Middle East for the sixth…
stc Bahrain has rolled out additional data connectivity for the Kingdom’s frontline institutions as a gesture of support during a…
stc leads Middle East telecoms with a brand value of USD 17.6 billion and the region’s strongest BSI score, while Zain, du, and Mobily also showed significant growth. Middle Eastern telecoms are expanding into fintech, cloud, and digital services, boosting global competitiveness.
stc confirmed a SAR2.7 billion fourth-quarter dividend despite a 40 percent annual profit decline, maintaining its three-year payout commitment and signalling confidence in underlying cash flow strength.
stc has sponsored the Nexus Technology & Startup Summit 2025 for the second year in a row as part of its ongoing commitment to advancing Kuwait’s innovation and startup ecosystem. Held in Kuwait City under government patronage, the summit brought together startups, investors, and technology leaders to showcase emerging trends and solutions. As a platinum sponsor, stc hosted workshops, signed multiple MoUs, participated in expert panels, and showcased advanced business technologies through its enterprise arm. The company said the initiative supports digital transformation, entrepreneurship, and the objectives of Kuwait Vision 2035.
stc has signed a 10-year, SAR 7 billion satellite partnership with AST SpaceMobile to deliver direct-to-device connectivity across Saudi Arabia and key MENA markets. The agreement enhances stc’s digital inclusion strategy and expands coverage beyond terrestrial networks.
Saudi Arabia’s stc has teamed up with Huawei KSA to launch Self-Optimized Networks (SON), embedding AI-driven automation into telecom infrastructure. The rollout enhances efficiency, adaptability, and service quality, supporting Vision 2030 goals and setting a benchmark for the Kingdom’s digital future.
Solutions by stc has signed a SAR 313.39m ($62m) contract with stc to expand networks, upgrade obsolete systems, and develop new data centres in multiple Saudi cities, with financial impact starting Q1 2026.
Ethio telecom and STC are exploring a strategic partnership to drive digital growth. Discussions centered on infrastructure, wholesale cooperation, and linking telebirr with STC Pay to boost cross-border payments, with both companies aiming to foster innovation and digital inclusion in Ethiopia and beyond.
stc deployed over 1,295 antennas, including indoor solutions, to provide robust 4G and 5G connectivity at the Esports World Cup in Riyadh, connecting over 3 million users. The initiative supports Saudi Arabia’s esports ambitions and includes staff training programs to build digital skills.