Saudi Telecom Company, also known as STC, is a publicly owned company headquartered in Saudi Arabia. Founded in 1998, with approximately 21,500 employees, the company reported $20.7B in revenue as of 2025. Functioning as the primary telecommunications and digital services provider in Saudi Arabia, the group provides a range of ICT services, including fixed-line and mobile telephony, broadband internet, and cloud computing across the Middle East and parts of Europe. Primarily owned by the Public Investment Fund (PIF) with a 64% stake, STC operates as a conglomerate with major subsidiaries such as solutions by stc (IT services), stc pay (digital banking), and center3 (digital infrastructure), while also holding strategic international stakes in operators like Telefónica. The company is centrally involved in Saudi Arabia’s digital infrastructure development, including the rollout of 5G networks and the provision of neutral digital hosts for major national "giga-projects" like Diriyah.
On October 9, 2026, STC Group announced a partnership with Cloudera to distribute Cloudera's products through its local subsidiaries, STC Kuwait and STC Bahrain. This initiative focuses on cybersecurity and advanced network connectivity for public and private sector clients, with the two parties establishing a joint steering committee to oversee performance. Previously, on October 7, 2026, STC Group and NTT DOCOMO BUSINESS launched an in-country IoT connectivity solution in Saudi Arabia, designed to support connected Komatsu construction equipment. Earlier, on October 6, 2026, "solutions by stc" was recognized as an honoree at Informa TechTarget's inaugural Archer Awards for Go-to-Market Excellence in the Middle East and North Africa (MENA) region.
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