This position reflects the sound financials of STC and its ability to grow its revenues locally, as well as the success of its acquisition strategy which has caught the eye of prestigious financial institutions which have issued positive economic reports that have included an optimistic outlook for STC, in light of the group’s current and future expansion plans, including its stated intention to capture opportunities in the Middle East in particular.

STC has achieved a leading position globally, underscoring its central role in establishing and developing the modern communications industry in the local market through possessing the largest and most robust infrastructure in the region, as well as its leading position in fiber optic networks and submarine cables.

STC is one of the main participants in submarine cable project that links South East Asia with Western Europe and North America, running through the Middle East.

It also has an ambitious strategy to develop and expand its international network, in order to meet the growing demand of various telecommunications and Internet services in the Kingdom and the region, through linking with the rest of the world by means of high quality communications technologies.