Stc
stc is Saudi Arabia's dominant telecommunications operator, providing mobile, broadband, cloud, IoT, AI data center, and digital financial services to consumers, SMBs, enterprises, government, and wholesale carriers across the Middle East and select international markets.
- Company typePublic
- Founded1998
- HeadquartersRiyadh, Saudi Arabia
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Stc does
stc (Saudi Telecom Company) is the dominant telecommunications and digital infrastructure operator in Saudi Arabia, established in 1998 and listed on the Tadawul stock exchange under ticker 7010. The company serves four primary customer segments: Consumer (mobile, home internet, streaming, digital banking, loyalty programs), Small and Medium Business (connectivity, managed Wi-Fi, IoT, payment solutions), Enterprise and Government (cloud, cybersecurity, satellite, 5G private networks, HPC, digital transformation), and Wholesale and Carrier (submarine cables, international capacity, MVNO hosting). stc holds approximately 44% of the Saudi mobile market and over 70% of fixed broadband subscriptions, supported by 8,993 operational 5G sites, 3.58 million FTTH connections, and 516 MHz of spectrum.
The company's technology stack is anchored on a 5G cloud-native network architecture (including the first commercial 5G NSA Cloud RAN deployment in the Middle East and Africa, supported by Red Hat and Dell Technologies) and an expanding AI and data center capability centered on the center3 subsidiary. center3 targets 1 GW of AI workload capacity by 2030 through a joint venture with PIF-backed HUMAIN, and stc's SAR 1.4 billion HPC contract with Saudi Aramco demonstrates a credible enterprise compute offering. AI capabilities include the Network Data Analytics Function for 5G experience monetization, AI Calling with real-time translation, Virtual Clinic telehealth, and participation in TM Forum's autonomous network (Level 4) initiatives with Aira Technologies. Sub-brands such as stc Bank, Qitaf, stc TV, Jawwy, Baity, and pulse by solutions create a layered consumer and SMB digital ecosystem atop the connectivity core.
stc generates revenue primarily through subscription-based mobile and fixed-line services (Mofawtar postpaid, Sawa prepaid, Quicknet 5G, Baity home fiber), supplemented by enterprise managed services (cloud powered by Oracle Alloy, cybersecurity, IoT, satellite, HPC), wholesale carrier services, device sales, and digital financial services through stc Bank. The go-to-market combines direct enterprise field sales for government and oil and gas accounts, retail and authorized dealer networks for consumers and SMBs, self-serve digital platforms (mystc app and website), and event-driven marketing at venues such as LEAP and DTW Ignite. The Public Investment Fund holds 62% of stc, aligning the company with Saudi Vision 2030 capital allocation, while strategic international positions such as a 9.97% stake in Telefonica signal a broader regional and global ambition beyond the domestic Saudi market.
Stc firmographics
Firmographics- Name
- Stc
- Legal name
- stc (شركة الاتصالات السعودية)
- Website
- https://stc.com.sa
- Company type
- Public
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- stc is Saudi Arabia's dominant telecommunications operator, providing mobile, broadband, cloud, IoT, AI data center, and digital financial services to consumers, SMBs, enterprises, government, and wholesale carriers across the Middle East and select international markets.
- Ownership category
- akta.pro rank
Stc industry classification
Industry- Product category
- Telecommunications Services
- NAICS
- Wired Telecommunications Carriers (517111), Computer Systems Design and Related Services (54151)
- SIC
- Telephone Communications (No Radiotelephone) (4813), Computer & Office Equipment (3570)
- akta.pro primary industry
- Service Function Chaining (SFC) (HDAFANAH)
- akta.pro secondary industries
- Governance, Risk & Compliance (GRC) Platforms (BPAEAPAA), SSL/TLS Offload & PKI/Certificate Services (ADC‑Integrated) (HDAFAHAI), IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)
Keywords
Where Stc is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices4 records
Markets served
Stc business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain
Revenue model
- Mobile Services: Mobile voice, data, and messaging services for consumer and business customers including postpaid plans (mofawtar), prepaid plans (sawa), and quicknet packages.
- Fixed-line and Broadband: Home internet packages (Baity), fiber-to-the-home (FTTH), fixed wireless access (FWA), and business connectivity solutions.
- Enterprise Business Solutions: Comprehensive ICT services including cloud services (stc cloud powered by Oracle Alloy), IoT solutions, cybersecurity, managed network services, and digital transformation services for government and enterprise.
- HPC and Infrastructure Services: High-performance computing infrastructure development and services, exemplified by SAR 1.4 billion contract with Saudi Aramco for Upstream Supercomputers Project.
- Wholesale Carrier Services: Connectivity and internet services for other telecom operators including wholesale transmission, landing station interconnection, fiber to the tower, and international connectivity.
- Device Sales: Sales of smartphones, tablets, gaming devices, smart home devices, and accessories through retail stores and online platforms.
- Digital Financial Services: stc Bank digital banking services including payment solutions, BNPL integration with Tamara, and financial services.
- Satellite Services: LEO and GEO satellite connectivity solutions for enterprise and carrier customers, including partnerships with SES and AST SpaceMobile.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Mofawtar postpaid plans with device bundling |
| Subscription | Monthly | Sawa prepaid plans |
| Subscription | Monthly | Quicknet 5G packages |
| Subscription | Monthly | Baity fiber packages |
| Hybrid | Annual | Business connectivity solutions |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
Stc product offering
Product offeringCore offering
stc is a diversified telecommunications and digital services provider offering mobile voice and data (Mofawtar postpaid, Sawa prepaid, Quicknet 5G), fixed-line and fiber home broadband (Baity), enterprise ICT services (cloud, IoT, cybersecurity, managed networks, satellite), digital banking (stc Bank), and streaming (stc TV) to consumers, businesses, and government entities across Saudi Arabia and the wider MEA region. It also operates tower infrastructure (TAWAL), data centers and subsea cables (center3), and ICT integration (solutions/pulse) as subsidiaries supporting the core connectivity portfolio.
Product overview
stc (Saudi Telecom Company) operates as a diversified telecommunications and digital services provider offering a comprehensive portfolio of consumer and enterprise products. The core mobile offerings include Mofawtar (postpaid), Sawa (prepaid), and Quicknet (5G data) plans, complemented by Baity home internet and stc TV streaming services. The digital ecosystem includes stc Bank (digital payments), Qitaf loyalty program, mystc app, Thmanyah gaming, and Jawwy customizable plans. Enterprise offerings span cloud services (stc Cloud powered by Oracle Alloy), IoT platforms (Video Surveillance, Virtual Clinic, Fleet Solutions, POS systems), cybersecurity (DDoS Protection, Managed SOC), network solutions (Private 5G Edge, SD-WAN, SIP Trunking), satellite services (LEO, GEO, Air-to-Ground), and managed services. The company operates through subsidiaries including center3 (data centers/subsea cables), solutions by stc/pulse (ICT integration), and Tawal (tower infrastructure). The portfolio architecture combines core connectivity services with value-added digital platforms and enterprise solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Qitaf: Loyalty program allowing customers to collect and redeem points for rewards and exclusive offers
- Tamayouz
- mystc
- stc TV
- stc Bank
- Jawwy
- Baity
- Quicknet
- Mofawtar
- Sawa
- Forun
- Tari
- Hatif
- LEAP East
Products and services
- Mofawtar Postpaid mobile plans for individuals with unlimited social data, voice, and device-bundled financing options including Mofawtar Pro with free device and trade-in offers.
- Sawa
- Quicknet
Quantifiable outcome
- 5G population coverage reached 54.70% across Saudi Arabia
- +4 more outcomes
Companies that use Stc
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Stc technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability14 records
Feature5 records
Stc partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core, strategic, major and minor.
- Aira Technologiescorestc is a champion in Aira Technologies' TM Forum Moonshot Catalyst project 'Conflict Management in Intent-Based Networks – Phase II' alongside AWS, Ericsson, and Red Hat, advancing autonomous network technology toward Level 4 capabilities.
- Zain Group, Etisalat Group, Mobily, dustrategicOpen RAN MoU to collaborate on implementing Open Radio Access Network solutions across existing networks in the Middle East, enabling interoperable 4G and 5G networks.
- LEAPstrategicstc as 'Digital Enabler' partner for LEAP East inaugural Hong Kong edition, a tech event fostering business between Saudi Arabia, APAC, and global markets.
- HUMAINcoreJoint venture between stc subsidiary center3 and PIF-backed HUMAIN to develop AI data centers in Saudi Arabia with initial capacity of 250 MW, targeting up to 1 GW of AI workload capacity.
- EricssoncoreFive-year Master Frame Agreement covering 5G hardware and software, cloud-native solutions, and AI-driven managed services supporting Saudi Vision 2030 and 6G readiness.
- center3corestc's wholly-owned subsidiary operating subsea cables and data centers, pursuing 1 GW AI-ready data center capacity by 2030 with $13 billion investment plan.
- Saudi AramcomajorSAR 1.4 billion ($371 million) contract for developing high-performance computing infrastructure supporting Aramco's Upstream Supercomputers Project.
- HuaweimajorHuawei CloudCampus solution powering stc's managed Wi-Fi service for government and enterprise B2B customers, expected to increase enterprise revenues by 5%+ and reduce costs by 30%.
- NokiamajorFirst successful commercial deployment of 5G Non-Standalone Cloud RAN in Middle East and Africa region, supported by Red Hat and Dell Technologies.
- AST SpaceMobilestrategicStrategic partnership for satellite-based broadband connectivity with $1 billion in contracted commercial revenue commitments, targeting 45-60 operational satellites.
- SESstrategicSatellite integration partnership for hybrid LEO/terrestrial network architecture, combining fiber, terrestrial routes, and non-terrestrial networks for enhanced connectivity resilience.
- Solutions by stccorestc's technology arm and ICT integration subsidiary with nearly five decades of legacy, rebranded 'pulse by solutions' brand identity to integrate digital ecosystem across MEA.
- NavoriminorDigital signage technology partnership with Solutions by stc, complementing existing e& partnership and positioning stc as regional ICT integrator.
- Oraclemajorstc cloud powered by Oracle Alloy for sovereign cloud infrastructure and stc Oracle Fusion SaaS offerings.
- TamaraminorBNPL (Buy Now Pay Later) integration with Tamara for digital payment solutions.
- SDAIA (Saudi Data and AI Authority)corePartnership with SDAIA for Hexagon Data Center development in Riyadh, a $2.7 billion, 480 MW Tier IV facility hosting 290+ government systems.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
Stc competitors and assessment
Company assessmentDirect peers
- Mobily (Etihad Etisalat): Saudi Arabia's second mobile operator and stc's primary domestic competitor in mobile, fixed broadband, and enterprise ICT. Closest comparable by geography, customer segments (consumer, SMB, enterprise, government), and product portfolio including 5G, fiber, cloud, and managed services.
- Ooredoo Group: Qatari-headquartered MENA telecom with operations in Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, and Myanmar. Comparable regional carrier profile with consumer mobile, enterprise ICT, and data center ambitions similar to stc's center3 strategy.
- Turkcell: Turkey's leading mobile and fixed operator in which stc holds a strategic stake. Comparable carrier profile with consumer mobile, fiber, enterprise digital services, and a fintech/payments adjacency (Paycell) mirroring stc Bank.
- Etisalat (e&): UAE-based telecom incumbent rebranded as e&, offering mobile, fixed, cloud, cybersecurity, and digital services across MENA. Highly comparable as a regional carrier with similar consumer/enterprise mix, 5G leadership, sovereign backing (UAE government), and digital diversification strategy.
- Emirates Integrated Telecommunications (du): UAE's second telecom operator providing mobile, fixed, cloud, and ICT services to consumer and enterprise customers. Comparable product mix (5G, fiber, enterprise ICT), comparable Vision-aligned government relationships, and competing for the same Gulf enterprise wallet.
- Zain Group: Kuwait-headquartered MENA telecom operator with operations across Saudi Arabia (Zain KSA), Bahrain, Jordan, Iraq, and Sudan. Comparable regional expansion footprint, similar Vision 2030-style government alignment, and overlapping enterprise/digital services portfolio.
Broad incumbents
- Telefónica: Spanish telecommunications incumbent in which stc holds a 9.97% stake (largest shareholder). Comparable as a global telecom operator with mobile, fiber, enterprise (Telefónica Tech), and data infrastructure businesses, providing a benchmark for stc's international and digital ambitions.
- Vodafone Group: Global telecom operator with MENA presence (Ghana, Egypt via Vodafone Egypt) offering mobile, fixed, IoT, cloud, and enterprise services. Comparable at the group level for digital transformation strategy and enterprise ICT portfolio breadth.
- Verizon Communications: US telecom incumbent partnering with stc on AST SpaceMobile satellite-to-smartphone connectivity. Comparable as a global wireless, fiber, and enterprise services carrier with significant 5G investment and B2B digital services revenue mix.
Regional players
- Batelco (Beyon): Bahrain-based telecom group (Beyon) where stc Bahrain is a direct subsidiary. Comparable MENA carrier with fixed, mobile, enterprise, and data center offerings, and serves the same Gulf enterprise market though from a smaller home base.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
Stc social profiles
Digital presenceStc compliance and trust
Trust signalCompliance5 records
Stc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stc leadership team
Management profileNumber of profiles
Profiles1 record
Stc subsidiaries and ownership
Company hierarchySubsidiaries15 records
Stc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stc M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stc
What does Stc do?
stc is a diversified telecommunications and digital services provider offering mobile voice and data (Mofawtar postpaid, Sawa prepaid, Quicknet 5G), fixed-line and fiber home broadband (Baity), enterprise ICT services (cloud, IoT, cybersecurity, managed networks, satellite), digital banking (stc Bank), and streaming (stc TV) to consumers, businesses, and government entities across Saudi Arabia and the wider MEA region. It also operates tower infrastructure (TAWAL), data centers and subsea cables (center3), and ICT integration (solutions/pulse) as subsidiaries supporting the core connectivity portfolio.
Is Stc a public or private company?
Stc is a public company. It is classified as public and is currently operating.
When was Stc founded?
Stc was founded in 1998. It employs 1 to 10 people.
Where is Stc based?
Stc is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does Stc make money?
Eight revenue lines are on record. Mobile Services are the primary driver. The others are fixed-line and Broadband, enterprise Business Solutions, HPC and Infrastructure Services, wholesale Carrier Services, device Sales, digital Financial Services and satellite Services.
Who are Stc's main competitors?
Direct peers on record are Mobily (Etihad Etisalat), Ooredoo Group, Turkcell, Etisalat (e&), Emirates Integrated Telecommunications (du) and Zain Group. Broad incumbents are Telefónica, Vodafone Group and Verizon Communications. Batelco (Beyon) is listed as a regional player.
Does Stc have an API?
No public API is recorded for Stc.
What industry is Stc in?
Stc's product category is Telecommunications Services. Its primary akta.pro industry code is HDAFANAH, Service Function Chaining (SFC), with a secondary code of BPAEAPAA, Governance, Risk & Compliance (GRC) Platforms. Its NAICS code is 517111 and its SIC code is 4813.