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stc Kuwait Telecommunication Company (stylized as stc; Arabic: شركة إتصالات السعودية)

Company history
Kuwait Telecommunications Company (stc) is a Kuwaiti shareholding company incorporated pursuant to the Amiri Decree No.187 on 22 July,2008,to operate and manage with the third GSM versatile system in Kuwait accordingto Law No.2 of 2007 Kuwait Telecommunications Company (stc) ,a leading brand in the telecommunications industry,was established in December 2008 as a subsidiary of stc Group,the world-class digital leader,providing innovative services and platforms,and enabling the digital transformation of the region.With a share capital of KD 50 million, stc was listed on Boursa Kuwait in December 2014.In 2019, stc fully acquired Qualitynet General Trading and Contracting Company-the leading Internet Service Provider in Kuwait – with the aim to capitalize on the new opportunities in the Kuwaiti Telecom Market. Driven by its corporate strategy of expanding its activities with a focus on the digital as well as advanced integrated communications solutions and advanced technical solutions services, stc fully acquired e-portal Holding Company – the leading ICT services provider in Kuwait – early 2022. In April 2022, stc also increased its share capital to reach KD 99.9 million through distributing 100%bonus shares to its shareholders.

stc always strives to support the vision of Kuwait 2035, in positioning Kuwait as a major financial and commercial hub in the region. Hence, stc is keen on providing its customers, both individuals and enterprises, with a unique pool of products and services that satisfy their aspirations and cater to their needs. stc offers numerous opportunities in the fields of telecommunications, entertainment, information, digital and data transfer services, besides delivering the best customer experience around the clock.

Throughout a decade of excellence in service, transparency and proactivity, in addition to being the fastest-growing and most advanced telecom operator with the largest 5G network in Kuwait,stc’s customer base has proudly reached 2.0 million.

Chairman

 * Dr. Mahmoud Ahmad Abdulrahman

Chief Executive Officer (CEO)

 * Eng. Maziad Bin Nasser Al Harbi