Year in review
During the year, stc group strengthened its position as a market leader through key strategic investments and partnerships. stc group advanced national connectivity, expanded digital infrastructure and reinforced its role in contributing to Saudi Vision 2030.
Q1 2025
stc group signed a % 32.64 billion contract with a government entity
stc group signed a % 32.64 billion contract with a government entity to build, operate and deliver telecom infrastructure. The project includes 18 months of preparation and execution, followed by 15 years of operations. Positive financial impact is expected, with revenue recognition starting in Q4 2026 through the end of the contract.
STC Bank's official launch as a digital bank in Saudi Arabia
STC Bank received SAMA's non-objection to officially launch as a digital bank after completing its pilot phase, marking a major step in Saudi Arabia's digital transformation.
Boost of connectivity speed in the Two Holy Mosques by over 120%
stc group delivered world-class connectivity for millions of pilgrims and visitors during Ramadan. Data usage rose 37% and voice services over 18%, prompting stc group to expand its 5G network by over 30%. Ookla's network analysis showed a significant improvement, with average download speeds up 107% inside the Grand Mosque and 120% inside the Prophet's Mosque.
Participation at LEAP 2025
stc group participated in the fourth edition of LEAP 2025 as a strategic partner, continuing its longstanding partnership. stc group showcased its digital solutions and innovations across multiple sectors, highlighting its role in advancing sustainability, digital inclusion, and economic resilience.
stc group achieved a global milestone by localizing the software for eSIM
stc group has partnered with Thales, a global leader in cybersecurity and digital identity, in the presence of the Local Content and Government Procurement Authority, to secure the next generation of IoT. This partnership makes stc group the first telecom operator worldwide to achieve the GSMA Security Accreditation Scheme for UICC Production (SAS-UP), a global certification that ensures the highest security standards in eSIM production.
Q2 2025
Strategic partnership with Oracle worth over % 2 billion
stc group and Oracle have signed a partnership agreement worth over % 2 billion to accelerate digital transformation across Saudi Arabia. The collaboration will develop AI-powered cloud infrastructure and deliver sovereign cloud solutions via the Oracle Alloy platform, hosted at center3's data centers.
stc group achieved record-high network performance
stc group's network delivered outstanding performance on the first day of Eid Al-Adha, with a significant rise in communication and data usage. At Muzdalifah, peak hours saw data volume increase by over 64% and advanced 5G usage surge by more than 129% compared to the same time last year. User experience also improved by 25%, demonstrating stc group's ability to reliably handle high demand during major mass gatherings.
Strategic partnership with Singtel Group
stc group and Singtel Group have signed a strategic partnership to advance digital platform integration, human capability development through job attachment programs, subsea cable expansion and IoT solutions. The agreement aims to foster cooperation, accelerate smart technology adoption, exchange expertise and enhance digital transformation capabilities across Saudi Arabia, the Middle East and Asia.
Strategic partnership with Kyndryl
stc group has entered a multi-year strategic partnership with Kyndryl to develop an advanced multi-cloud management platform. Aligned with Saudi Vision 2030, the platform will simplify cloud adoption, integrate hyperscaler services and provide secure, scalable solutions with digital and automation capabilities.
Q3 2025
center3 commits % 37.5 billion, targeting 1 GW of total capacity by 2030
center3 has accelerated its data center expansion to reach 1 GW capacity by 2030. Building on % 11.25 billion in completed investments, it plans an additional % 37.5 billion to expand digital infrastructure in Saudi Arabia and international markets. center3 aims to deliver 300 MW of high-density, hyperscaler-ready data centers by 2027, aligned with Vision 2030.
Strategic partnership with Red Sea Global
Red Sea Global (RSG) has signed a landmark agreement with stc group, under which stc group will invest over % 1.2 billion to enhance digital infrastructure across RSG's resorts and communities.
Launch of business-critical network
stc group has launched a business-critical network, a next-generation wireless platform delivering secure and high-speed connectivity. Operating on a dedicated LTE network across the Kingdom, it complies with global Mission Critical and 3GPP standards and is designed to support future technologies, enabling greater efficiency, resilience and security across critical operations.
stc group and Huawei achieved first 2.4T trial globally on Live Optical Network
stc group and Huawei have successfully trialed an ultra-high-speed optical solution delivering 2.4Tbps data transmission, making stc group the first operator globally to deploy this technology.
tali ventures led a strategic investment in Tarmeez Capital
tali ventures, the corporate venture capital arm of stc group, has led a strategic funding round in Tarmeez Capital, one of Saudi Arabia's fastest-growing fintech companies in the Sukuk and debt instruments space. The investment aligns with stc group's strategy to support high-growth digital platforms and strengthen the Kingdom's financial ecosystem.
Q4 2025
Strategic partnership with AST SpaceMobile
stc group has signed a strategic agreement with AST SpaceMobile, to advance satellite-based telecommunications technologies. This agreement positions stc group as one of the first telecom operators in the region to provide direct satellite-to-mobile connectivity services.
Agreement with Telefónica
stc group signed an agreement with Telefónica Global Solutions (TGS), Telefónica's global business arm, to provide satellite services and ground communication stations. The agreement focuses on developing advanced satellite communication solutions, including customized services across low earth orbit (LEO), medium earth orbit (MEO), and geostationary orbit (GEO) networks.
Completion of first 7 GHz (6G-enabled) band trial in MENA
stc group has successfully carried out the Middle East and North Africa's first trial of the 7 GHz frequency band - an essential component of sixth-generation (6G) technology - in collaboration with the Communications, Space and Technology Commission (CST) and Nokia.
Strategic partnership with ROSHN Group
stc group has signed a strategic partnership with ROSHN Group to develop a neutral infrastructure for the "Sedra" community project. As part of the agreement, stc group will design, build and operate the community's neutral digital infrastructure, enabling other operators to provide high-quality connectivity and coverage that meets the needs of residents and visitors.
JV partnership between center3 and HUMAIN
center3 and HUMAIN have formed a strategic joint venture to build AI data centers in Saudi Arabia, supporting up to 1 GW of AI workloads. The partnership combines center3's data-center expertise and regional connectivity with HUMAIN's end-to-end capabilities, creating high-capacity, low-latency infrastructure for the AI era.