Saudi Telecom Co - Company Profile
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Business Description
Saudi Telecom Co (STC) provides information and communications technology (ICT) solutions and digital services. It offers telecommunication, IT, digital media, financial technology, cybersecurity, and other advanced digital solutions. The company serves residential customers and business enterprises.
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R&D Overview
R&D arm of the company focuses on introducing innovative products and services. STC’s subsidiary IoT squared offers smart solutions for diversified sectors including manufacturing, logistics, and smart cities and plans to support these sectors by supporting research and development in Saudi Arabia. STC partnered with Ericsson, Huawei and Nokia to establish three innovation centers for research and development in Saudi Arabia. In FY2022, the company allocated an additional US$300 million investment as part of its new technology investments in the local market. It also plans to invest over SAR3.75 billion to accelerate digital transformation and provide global connectivity, by utilizing Saudi Arabia’s geography. As of December 2022, it operated 117 technical facilities worldwide.
Business Segments
- Channels
- Intigral
- Other Operating Segments
- Sirar
- STC
- STC Bahrain
- STC Bank
- STC Kuwait
- Tawal
- Solutions
- Specialized
Overview
Operates through its subsidiary Saudi Telecom Channels Company . Offers and retails recharge card services, telecommunication equipment and devices, computer services. Also, sell and resell all fixed and mobile telecommunication services.
Performance
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Overview
Operates through its subsidiary, Gulf Digital Media Model Company Ltd (GDMM Intigral). Provides broadcasting and media production services and manages the two brands: stc tv and Jawwy TV.
Performance
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Overview
Includes Aqalat, RSS, stc Gulf Investment Holding, stc GCC Cable Systems WLL, Company Innovation Fund Investment Company and Digital Centers for Data and Telecommunications, Internet of Things Information Technology Company, and General Cloud Computing Company for Information Technology.
Performance
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Overview
Operates through its subsidiary, Advanced Technology and Cyber Security Company (sirar). Provides cybersecurity, ICT and digital services. Offers a comprehensive range of solutions and tools sirar to help customers detect and prevent cybersecurity attacks.
Performance
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Overview
Offers mobility solutions, fixed services, managed services, IoT and cloud services.
Performance
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Overview
Operates through its subsidiary, stc Bahrain Company (stc Bahrain). Provides mobile telecommunication services, international telecommunications, broadband and other related services.
Performance
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Overview
Provides digital payments services.
Performance
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Overview
Operates through Kuwait Telecommunication Company (stc Kuwait) and provides mobile services.
Performance
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Overview
Operates through its subsidiary, Telecommunications Towers Company (TAWAL). Owns, constructs and operates telecom towers in Saudi Arabia.
Performance
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Performance
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Performance
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Geographical Segments
Performance
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Performance
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