STC

  • Abdullah Alsawaha, Minister of Communications and Information Technology (CIT) in Saudi Arabia has appreciated Saudi Telecom Company’s role in implementing the ministry’s plan to deploy broadband all around the Kingdom, after the company delivered FTTH (fiber-to-the-home) to 51K homes in Riyadh.

  • Saudi Telecom (STC) has agreed to purchase a 10% stake worth $100million in UAE-based ride-hailing service Careem. The acquisition comes just months after Saudia Arabia’s Public Investment Fund (PIF) invested a stake in Uber – which is the global rival to Careem.

  • Saudi Telecom Company (STC) said it increased Wi-Fi coverage in Makkah and Holy Sites to prepare for pilgrims traveling to Saudi Arabia for the annual Hajj. The coverage includes tunnels, bridges, and a number of public utilities in Mina which received pilgrims to start their Tarwiah day on August 30.

  • Saudi Telecom Company (STC), represented by InspirU Business Incubator, announced the signing of an agreement with Riyadah institute to support and provide services for business entrepreneurs in the Kingdom of Saudi Arabia.

  • Dr. Tarig Enaya, Senior Vice President of the STC Enterprise Business Unit has revealed that smart cities-associated technology investments that will take place in the next four years worldwide will reach USD 158 billion by 2022 in accordance with the IDC Report. The figure is expected to reach USD 2.7 billion (SAR 10.125 billion) in the Middle East and Africa.