139:
66:
481:
Saudi
Telecommunication Company (stc Group) was established as a Saudi joint-stock company on 21 April 1998 and began operations of telecommunications services throughout Saudi Arabia on 2 May 1998 as a wholly owned entity of the government of Saudi Arabia. The group received commercial registration
588:
As of May 2023, stc Group has invested over $ SAR 3.5 billion in social, educational and health initiatives. Its ImpactU program has supported projects with a total value of $ SAR 800,000. The program aims to incubate five startups annually and increase the initial investment for each to $ SAR
123:
568:
In 2017, the
InspireU business accelerator was launched. Since the program’s inception, the InspireU accelerator has supported over 90 digital projects, with investments and financial transactions hitting a market value of $ SAR 12 billion. Over 40 million users have benefited from InspireU’s
1198:
525:, the Alibaba Cloud was launched in May 2022. Center3, a new digital infrastructure assets company owned by stc Group, was launched in October 2022. The company also completed the first global 1.2T/channel trial in its DWDM optical network.
643:
In 2020, stc Pay earned its electronic money institute (EMI) license. Western Union soon after purchased 15% shares at a $ 1.3 billion valuation, making stc pay the first and largest fintech unicorn in the Middle East.
1422:
540:
and stc also expanded their partnership that same month to further advance digitalization across Saudi Arabia. It was announced in March 2023 that stc Group would provide the digital infrastructure for the
486:(IPO) in January 2003. On 11 April 2006, stc approved the increase of share capital from SR $ 15,000 million to SR $ 20,000 million through a transfer from the retained earnings to the capital.
1661:
999:
585:
The company launched its corporate investment fund (CIF) in
February 2023. CIF invests in early-stage startups in the cybersecurity, AI, digital gaming, IoT, and blockchain sectors.
647:
The group is currently operating as a conglomerate to manage all assets, subsidiaries and joint ventures by the Saudi
Telecom Group. Mohammed K. A. Al Faisal is the current chairman.
1407:
545:, making it the company’s third consecutive year of partnership. Saudi Telecommunication Company's subsidiary TAWAL officially began operations in Europe in August of that year.
1666:
461:. The group offers landline and fixed infrastructure, mobile and data services, and broadband & cloud computing services. It also offers online payments, telecommunications,
1686:
1173:
1696:
1701:
1676:
1095:
1433:
130:
518:
company, AWAL Telecom
Private Limited - an independent passive telecommunications tower provider, for an undisclosed sum. AWAL was rebranded as TAWAL Pakistan.
504:
approved the conversion of the Saudi
Digital Payments Company (stc Pay) into a digital bank. The company replaced all its 3G networks with 5G in October 2021.
731:
1487:
1329:
446:
1315:
1147:
659:
T-ISAC Award 2024 for
Recognition of Excellence and Leadership, whereas, Nauman Khan, Telecom Threat Management Lead Consultant at stc received the
579:
The STV Investment Fund, which invests in small and medium-sized companies in communications and information technology, was established in 2018.
1276:
700:
576:(PIF) sold 120 million shares in Saudi Telecom Company (stc Group) for $ 3.2 billion after completing a secondary share offering of stc Group.
511:(PIF) sold 120 million shares in Saudi Telecom Company (stc Group) for $ 3.2 billion after completing a secondary share offering of stc Group.
995:
966:
1042:
1681:
1630:
758:
810:
1691:
1671:
582:
In
October 2021, stc Group launched 3 data centers in Riyadh, Jeddah, and Al-Madina with a $ SAR 1 billion investment.
263:
1462:
942:"وزير المالية ومحافظ البنك المركزي السعودي يشكران القيادة بمناسبة موافقة مجلس الوزراء على الترخيص لبنكين محليين رقميين"
1017:
221:
865:"الموافقة على قيام شركة الاتصالات السعودية بشراء حصص الشركاء في الشركة العربية لخدمات الإنترنت والاتصالات (أول نت)"
1199:"stc group collaborates with Microsoft to unlock the potential of innovation in corporate digital transformation"
553:
30:
838:
636:
stc Play - Gaming and esports platform that allows users to participate in tournaments and access game exporters
1514:"مجموعة stc تحصد جائزة "المساهمين الفاعلين" في الامن السيبراني خلال المؤتمر العالمي للجوال MWC 2024 في برشلونة"
1250:
542:
390:
1564:
811:"IMPACT OF C.S.R. ON BRAND EQUITY IN THE WAKE OF COVID-19 PANDEMIC: SPECIAL REFERENCE TO THE STC SAUDI ARABIA"
483:
450:
573:
508:
667:
529:
489:
The Saudi
Digital Payments Company (stc bank) launched in 2017, with official work beginning in 2018.
416:
315:
138:
482:
as a Saudi Joint Stock
Company on June 29, 1998 under registration No. 1010150269, and closed its
533:
501:
462:
150:
1174:"stc and Go Telecom to Enable Advanced IoT Services to Empower Individual and Corporate Sectors"
1579:
784:
625:
615:
890:"اقتصادي / الاتصالات السعودية تدشن شركة " STC Pay " للمدفوعات الرقمية وكالة الأنباء السعودية"
1609:
MWC24 Barcelona Security Summit Session 3 - Threat Intelligence – Prevention through Sharing
253:
1382:"stc Group Invests more than SAR 3.5 billion in Social, Educational and Health Initiatives"
1592:
864:
434:
1301:
941:
560:.. The deal was worth €2.1 billion - making stc Group the company’s largest shareholder.
492:
In December 2019, the company launched a new identity, and the names of its branches in
1224:
1120:
621:
602:
105:
1408:"STC Group invests more than $ 933.2mln in social, educational and health initiatives"
1655:
557:
522:
113:
1540:"stc Group Receives Contributors Award in Cybersecurity at MWC 2024 In Barcelona"
1463:"Saudi Arabia's STC Pay eyes rapid Gulf expansion after billion-dollar valuation"
1356:"To Invest in 9 Advanced Technological Areas, stc Launches Venture Capital Fund"
514:
In February 2022, it was announced that stc subsidiary, TAWAL, has acquired the
454:
548:
In September 2023, it was announced stc Group had acquired a 9.9% stake in the
1607:
369:
282:
77:
663:
T-ISAC Individual Recognition Award 2024. These awards were presented at the
671:
537:
1565:
https://www.pressreader.com/saudi-arabia/arab-news/20240303/282041922082958
1302:"Entrepreneurs bag over $ 186m through stc's InspireU accelerator program"
608:
515:
258:
248:
1381:
500:
were changed from VIVA to stc Kuwait and stc Bahrain. In June 2021, the
1251:"STC Group acquires a €2.1 billion stake in Telefónica | Total Telecom"
732:"CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023"
493:
470:
119:
1513:
1277:"What's up with… Telefónica & STC, Nexfibre & Upp, Arm's IPO"
1096:"STC Group and Alibaba to set up $ 238m Saudi cloud services venture"
549:
497:
458:
179:
1631:"GSMA - Security and Fraud on LinkedIn: #gsma #mwc24 | 10 comments"
1355:
675:
294:
65:
889:
1069:"stc unit enters Pakistani market with AWAL Telecom acquisition"
664:
660:
656:
967:"stc Accelerates its Efforts to Replace its 3G Network with 5G"
1316:"Saudi Telecom Co commits extra $ 300 million to VC firm STV"
1018:"Saudi wealth fund PIF raises $ 3.2bn from sale of STC stake"
398:
597:
stc Group services are divided into four broad categories:
915:
466:
1068:
1043:"STC tower subsidiary enters Pakistan through acquisition"
1330:"stc launching 3 Mega Data Centers across Saudi Arabia"
1225:"stc digitally powers F1 Saudi Arabian Grand Prix 2023"
469:, e-gaming, cybersecurity, digital entertainment, and
34:
1539:
818:
Globus An International Journal of Management & IT
1121:"stc launches Center3 for Kingdom's digital economy"
411:
389:
368:
314:
304:
292:
280:
272:
241:
212:
190:
174:
156:
146:
129:
111:
101:
87:
75:
1148:"stc and Huawei completes DWDM 1.2T/channel trial"
759:"stc group officially begins operation in Europe"
1662:Telecommunications companies established in 1998
996:"Saudi's PIF raises $ 3.2bn from stc share sale"
916:"الاتصالات السعودية تطلق سمتها التجارية الجديدة"
695:
693:
691:
624:& digital wallet first and largest fintech
231:
753:
751:
227:Yazeed Abd Al-Rahman Al Humied (Vice Chairman)
632:stc Group also offers two content platforms:
8:
1667:Telecommunications companies of Saudi Arabia
1011:
1009:
93:
58:
1687:Saudi Arabian companies established in 1998
18:
990:
988:
809:Abdulwahab Saleh AlWahashi (14 May 2022).
137:
57:
536:services throughout stc Group’s network.
1697:Telecommunications companies of Pakistan
639:stc TV - Entertainment streaming service
589:100,000 to drive local economic growth.
51:Saudi Arabian telecommunications company
24:This is an accepted version of this page
1456:
1454:
1423:"STC What's on! Business Fifth Edition"
687:
20:
1702:Companies in the MSCI Tadawul 30 Index
1677:Mobile phone companies of Saudi Arabia
1588:
1577:
1002:from the original on 15 December 2021.
532:partnered with the company to provide
347:Telecom Towers Company Limited (TAWAL)
1275:Staff, TelecomTV (6 September 2023).
1146:Natalie Bannerman (21 October 2022).
7:
839:"Saudi Telecom raises $ 4B in offer"
726:
724:
722:
438:
94:
1172:AKIM BENAMARA (13 February 2023).
914:الوطن, الرياض (19 December 2019).
707:(in Arabic). Saudi Telecom Company
655:The company is a recipient of the
543:Formula 1 Saudi Arabian Grand Prix
222:HRH Prince Mohammed K.A. Al-Faisal
49:
64:
1461:Dan Murphy (23 November 2020).
1094:Alvin R Cabral (25 May 2022).
1016:Bloomberg (12 December 2021).
1:
359:Saudi Cloud Computing Company
70:Logo used since December 2019
556:telecommunications company,
502:Central Bank of Saudi Arabia
668:Mobile World Congress (MWC)
1718:
300:SAR 159.683 million (2023)
230:Olayan Mohammed Alwetaid (
1682:Companies based in Riyadh
407:
385:
276:SAR 72.337 million (2023)
63:
1574:– via PressReader.
1512:سبق (27 February 2024).
572:In 2021, Saudi Arabia's
507:In 2021, Saudi Arabia's
288:SAR 13.295 million(2023)
31:latest accepted revision
484:initial public offering
451:Kingdom of Saudi Arabia
439:شركة الاتصالات السعودية
95:شركة الاتصالات السعودية
1692:Public Investment Fund
1606:GSMA (19 March 2024).
574:Public Investment Fund
521:In collaboration with
509:Public Investment Fund
162:; 26 years ago
1518:صحيفة سبق الالكترونية
1047:www.capacitymedia.com
427:Saudi Telecom Company
59:Saudi Telecom Company
1672:Saudi Arabian brands
1619:– via YouTube.
1488:"Chairman's Message"
361:(SCCC Alibaba Cloud)
614:Solutions by stc -
306:Number of employees
60:
21:Page version status
1386:Saudi Press Agency
1360:Saudi Press Agency
1336:. 30 December 2020
1049:. 10 February 2022
628:in the Middle East
528:In February 2023,
350:Stc bank (stc pay)
329:Specialized by stc
160:21 April 1998
151:Telecommunications
135:SA0007879543
27:
1587:Missing or empty
1362:. 8 February 2023
1205:. 2 November 2023
1100:The National News
1075:. 9 February 2022
973:. 28 October 2021
785:"الصفحة الرئيسية"
616:Internet services
423:
422:
259:Internet services
39:29 September 2024
1709:
1646:
1645:
1643:
1641:
1635:www.linkedin.com
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1473:
1458:
1449:
1448:
1446:
1444:
1439:on 8 August 2014
1438:
1432:. Archived from
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1186:
1184:
1178:Tech Africa News
1169:
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1134:
1132:
1127:. 5 October 2022
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971:Tech Africa News
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845:. 7 January 2003
835:
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826:
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815:
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799:
797:
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765:. 27 August 2023
755:
746:
745:
743:
741:
736:
728:
717:
716:
714:
712:
697:
564:Investment funds
449:services in the
440:
419:
326:Solutions by stc
297:
254:Mobile telephony
233:
170:
168:
163:
142:
141:
97:
96:
68:
61:
1717:
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1328:
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1323:
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1313:
1309:
1300:
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1285:
1283:
1274:
1273:
1269:
1259:
1257:
1249:
1248:
1244:
1234:
1232:
1231:. 20 March 2023
1223:
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1024:
1015:
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1007:
994:
993:
986:
976:
974:
965:
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960:
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948:
946:www.sama.gov.sa
940:
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689:
684:
653:
622:Digital payment
595:
566:
558:Telefónica, S.A
552:-headquartered
479:
415:
403:
364:
360:
323:Channels by stc
307:
293:
285:
268:
237:
215:
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136:
116:
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5:
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1622:
1598:
1556:
1531:
1504:
1492:www.stc.com.sa
1479:
1450:
1430:www.stc.com.sa
1413:
1399:
1373:
1347:
1334:Telecom Review
1321:
1307:
1293:
1267:
1242:
1216:
1190:
1164:
1152:Capacity Media
1138:
1112:
1086:
1060:
1034:
1005:
984:
958:
933:
906:
894:www.spa.gov.sa
881:
869:www.cst.gov.sa
856:
830:
801:
789:www.stc.com.sa
776:
747:
718:
686:
685:
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652:
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637:
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629:
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605:
603:Mobile network
594:
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478:
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441:), trading as
429:(shortened to
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1421:STC website.
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1255:totaltele.com
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1022:Gulf Business
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764:
763:Saudi Gazette
760:
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554:multinational
551:
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531:
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523:Alibaba Group
519:
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