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stc
STC Forms $500 million VC Fund to Invest in Digital Services Startups
Services and Innovations
6 years ago
Saudi Arabia's largest telecommunications firm, STC announced the establishment of STV, a technology venture capital fund with an initial capital…
STC Completes Massive MIMO Trial in Saudi
Technology & Solutions
7 years ago
Saudi's STC this week announced the successful trial of Massive MIMO (multiple-input and multiple-output) technology on its existing 4G-LTE network.…
STC Signs 3-Year Managed Services Deal with Cisco to Transform Core Network and Operations
Technology & Solutions
7 years ago
At Mobile World Congress, Saudi Telecom Company (STC) and Cisco announced that they have signed a three-year managed services agreement…
STC to Buy Atheeb's Mobile Towers for $61 million
Mobile Network Operators M&A
7 years ago
Saudi Telecom Company (STC) has agreed to buy mobile towers from rival operator Atheeb Telecommunication for 230 million riyals ($61…
STC Invests $100M for 10% Stake in Uber's Middle East Rival Careem
Investments and Expansions
7 years ago
Saudi Telecom Company (STC) announced in a stock exchange filing that it has bought a 10-percent stake in the ride-hailing…
STC Selects Alepo to Modernize BSS/OSS
Technology & Solutions
7 years ago
Saudi Telecom Company (STC) has selected Alepo to modernize its BSS/OSS infrastructure with an upgrade to the latest version of…
STC Signs Nokia for 4.5G Macro & Small Cell RAN Deployment
Technology & Solutions
7 years ago
Nokia and STC have signed an agreement to expand high-speed mobile broadband capacity and coverage in Saudi Arabia using Nokia's…
STC Selects Commvault for Backup as a Service Offering
Technology & Solutions
7 years ago
Commvault, Tuesday announced an agreement with Saudi Telecom Company (STC), to deliver a Backup-as-a-Service solution, utilising the STC cloud environment.…
Saudi Telecom's Q2 Net Profit Slumps by 27.1%; Records Growth in Fixed Broadband
Mobile Network Operators G&P
7 years ago
Saudi Telecom Co (STC) reported a 27.1 percent drop in its second-quarter net profit to $USD499 million (1.87 billion riyals) …
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