Saudi telecommunications behemoth STC (Saudi Telecom Company) has officially announced it has signed strategic agreements with three major global vendors.
The KSA operator has agreed to enter into strategic partnerships with Chinese telecommunications colossus Huawei, Finnish vendor Nokia and Swedish vendor Ericsson.
In the presence of the STC group CEO Nasser AL Nasser, STC celebrated the signing of the mega agreement with its strategic partners Huawei, Ericsson, and Nokia. This deal considered as a major progress in regards to the strategic partnership with the three global companies.
Al-Nasser said, "It will lead to a new step of investments for future projects. It is a very important for the strategic partnership and will take STC to the next level of investment in the future projects".
The agreements includes major projects from different sectors and the expansion of Aljawwal network 2018, cloud computing project, IT & cyber security projects, in addition to several projects for STC subsidiaries: (STC Specialized, VIVA Kuwait, and Viva Bahrain).
Moreover, all of the strategic partners CEO's, confirmed that STC is counted to be the major operator in the MENA region, and they are looking forward to improve the relationship with STC for the interest of all parties.