Most valuable Arab Telecom Brands of 2021 (according to Brand Finance Telecoms 150)
Country: Saudi Arabia
Global rank: 14
STC, or the Saudi Telecom Co., is the leading provider of telecommunications services in Saudi Arabia, and is among the largest operators in the Middle East.
According to the 2022 Brand Finance Telecoms 150, STC is the most valuable brand in the Middle East.
Founded in 1998, the company offers landline and fixed infrastructure, mobile, broadband and data services to residential and business customers.
Operating the Jawal and Hatif networks, STC also operates a submarine communications cable system connecting Saudi Arabia and Sudan in Africa through the Arab Submarine Cables Co. The company generates the majority of sales in Saudi Arabia.
A pioneering digital telecommunications company, STC offers a variety of ICT solutions and digital services in several categories including IT, financial technology, digital media, cybersecurity, and other advanced digital solutions.