Saudi Telecom Company (stc Group)
About
stc Group, formerly Saudi Telecom Company, is the largest telecommunications and digital services provider in the Middle East, headquartered in Riyadh and majority-owned by the Saudi sovereign wealth fund PIF. Established in 1998 following the privatisation of Saudi Arabia's telecom monopoly, stc has grown into a diversified digital conglomerate serving more than 170 million customers across Saudi Arabia, Kuwait, Bahrain and international markets. The group operates mobile, fixed, broadband and data centre services through stc Saudi Arabia, and has expanded into financial technology through stc pay (now a major digital wallet), cloud computing through Center3, cybersecurity, media and IoT. stc has made strategic international investments including a 9.9% stake in Spain's Telefónica and operations in Kuwait (stc Kuwait) and Bahrain (stc Bahrain). For B2B partners, stc offers enterprise connectivity, cloud, cybersecurity, data centre and IoT solutions across the Gulf, along with fintech APIs through stc pay. Its scale, government backing and digital transformation strategy make it a key technology partner in one of the world's fastest-growing digital economies.
Also known as: stc Group, Saudi Telecom, STC
Frequently Asked Questions
What is stc Group?+
stc Group, formerly Saudi Telecom Company, is the largest telecommunications and digital services provider in Saudi Arabia.
Where is stc based?+
stc Group is headquartered in Riyadh, Saudi Arabia, and operates across the Middle East, Europe and Asia.
When was stc founded?+
Saudi Telecom Company was founded in 1998 when Saudi Arabia privatized its telecom sector. It rebranded to stc Group in 2021.
