BROWSING: STC

stc, PIF sign deal to create Saudi tower giant

The combined new entity will be owned 54% by PIF and 43.1% by stc Group The Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, and Saudi telecom group stc announced the signing of definitive agreements whereby PIF will acquire a 51% stake...

Spanish government acquires 3% stake in Telefonica

In December 2023, Spain’s economic ministry had announced plans to acquire a stake in Telefonica The Spanish government acquired a 3% stake in telecom operator Telefonica through a state holding company, with the main aim of attempting to balance the influence of Saudi telco stc...

Ericsson, stc claim 4 Gbps speed in 5G SA demonstration

Ericsson said this advancement increases the speed of data transmission between the network and devices Saudi telecom group stc and Ericsson claimed they have achieved a record data uplink speed after collaborating on a 5G Standalone (5G SA) demonstration. The demo was conducted in a...

Nokia, stc perform O-RAN based-5G private wireless network trial

Nokia said that the trial demonstrated an augmented reality use case for industrial applications Finnish vendor Nokia and Saudi carrier stc announced that they have successfully tested a 5G private wireless network based on cloud-native O-RAN technology. In a release, Nokia noted that the trial was...

Saudi carriers boost O-RAN adoption with new agreements

Solutions by stc announced an O-RAN deal with Mavenir to launch what it claims to be the first commercial O-RAN network in Saudi Arabia Saudi Arabian operators stc and Mobily have announced different deals for the implementation of Open RAN (O-RAN) technology in the country. In...

Spain to acquire stake in local carrier Telefonica

The Spanish government will acquire the stake in Telefonica via state holding SEPI The Spanish government approved the acquisition of up to 10% of the capital of Spanish operator Telefónica, which would make it the majority shareholder of the operator. Spain plans to buy the stake...

STC Group to expand 5G network in over 75 Saudi cities

STC is currently the largest operator in Saudi Arabia, with around 20 million mobile subscriptions Saudi Telecom Company (STC) announced plans to expand its 5G network in over 75 cities across Saudi Arabia, Arab News reported. According to the report, the project is an extension...

BICS, stc Kuwait complete international 5G SA roaming connection

The 5G SA roaming connection runs between networks from Belgian operator Proximus and Middle Eastern operator stc Kuwait BICS announced that it has enabled the “world’s first-ever” intercontinental 5G Standalone (SA) roaming connection. The real-world connection runs between a 5G SA network from BICS’ parent company,...

Huawei highlights RedCap momentum as commercial pilots expand

Huawei said that RedCap connections are expected to exceed 100 million within the next three years DUBAI- UNITED ARAB EMIRATES—Reduced Capability (RedCap) technology has already entered large-scale commercial use at a global level as over 10 carriers from seven countries have piloted the technology, Chinese...

STC buys nearly 10% stake in Telefónica for $2.25 billion

STC has purchased a 9.9% interest in Telefónica to further its growth ambitions outside of Saudi Arabia Saudi Telecom Company (STC) has purchased a 9.9% interest in Telefónica for €2.1 billion ($2.25 billion) to further its growth ambitions outside of Saudi Arabia. The stake, said...

China Telecom, stc sign IoT agreement to target connected cars

Agreement between China Telecom and stc will revolve around the strategic development of IoT industries Chinese telecom operator China Telecom has signed a Memorandum of Understanding (MOU) with Saudi Arabian telco stc to focus on opportunities in the Internet of Things (IoT). The primary aim of...

Major telcos move to open network APIs to developers – to drive innovation, revenues

MWC 2023: The GSMA has announced a framework of universal network application programmable interfaces (APIs) to provide universal access to operator networks for developers. At launch, at the annual MWC showcase in Barcelona, the so-called GSMA Open Gateway initiative has the support of 21...

Saudi operator STC joins with Public Investment Fund to form new IoT company

Saudi Arabia’s Public Investment Fund and local carrier STC have announced the signing of a joint venture agreement to establish a new company, with focus on the Internet of Things (IoT). The partners said that the JV still needs to obtain the relevant approvals from...

Ericsson announces new deals in the Middle East

In Saudi Arabia, Ericsson carried out a proof of concept which will allow local telco stc to accelerate the introduction of the 2.3 GHz 5G band Ericsson and Saudi Arabian operator stc have successfully completed a TDD-TDD 5G Carrier Aggregation proof-of-concept (PoC) to support stc’s...

Saudi telco STC to deploy smart waste management technology

STC will use NB-IoT SIMs for smart waste management Saudi telco STC has announced a partnership with Sensoneo with the aim of providing customers in Saudi Arabia with smart waste management technology. The smart waste management technology uses smart ultrasonic sensors embedded with STC NB-IoT SIMs...

Ericsson inks partnership to boost 5G, 6G research in Saudi Arabia

Ericsson and King Abdullah University of Science & Technology (KAUST) have announced an initial three-year research and development (R&D) partnership focused on three research projects aimed at advancing telecommunication networks with innovative technologies. In a release, the Swedish vendor said that the partnership aims to...

Following EU counterparts, five Middle Eastern operators prioritize Open RAN

Etisalat, STC, Zain, Mobily, and du, commit to deploying Open RAN Major global operators seem committed to overhauling radio access network deployment models with a quintet of Middle Eastern operators signing a memorandum of understanding "to push forward the implementation of...Open RAN solutions in...

Deutsche Telekom, China Mobile, Vodafone lead AT&T, Verizon for enterprise 5G

Deutsche Telekom, China Unicom, Orange, China Mobile, and Vodafone have ranked top, apparently in order, in an assessment of 20 mobile network operators for enterprise 5G connectivity. These five are “clear leaders in this space”, said author ABI Research, and head the market from...

STC receives accolades as it expands its 5G network in Saudi Arabia

The STC 5G network is now in more than 47 cities Saudi operator Saudi Telecom Company (STC) has deployed its 5G network in more than 47 cities around the country, with the operator claiming that the next phase will bring the total covered cities to...

Mobily, Ericsson use spectrum sharing tech to trial 5G in Saudi Arabia

  Saudi Arabian telco Mobily announced a partnership with Ericsson to trial 5G on the 800/1800 MHz band using Ericsson Spectrum Sharing technology. The trial showed 5G capabilities in a real-world environment over a live network, including tests of speed and latency, the vendor said in...

Zain accelerates 5G network deployment in Saudi Arabia

Saudi Arabian carrier Zain KSA has accelerated the rollout of 5G services in the country with new deployments in the cities of Qurayyat, Ras Tanura and Tabarjal, the telco said in a release. With these latest deployments, Zain KSA’s 5G network now covers 38 cities...

Zain ends 2019 with 2,600 5G towers across Saudi Arabia

  Telecom operator Zain Saudi Arabia ended 2019 with a total of 2,600 5G towers across the country, the telco said in a release. Zain Saudi Arabia Vice-Chairman Bader Al Kharafi said that these 5G towers enabled the operator to offer commercial 5G services in 26...

Regulator: Saudi Telecom must offer full purchase Vodafone Egypt

If STC makes the offer, analysts predict that Telecom Egypt might actually sell some of its stocks At the end of January, Vodafone signed an initial agreement to sell a 55% stake it has in Vodafone Egypt in the company to Saudi Telecom Company (STC)...

Saudi Arabia aims to award two MVNO licenses in Q3 2020

  Saud Arabia’s Communication and Information Technology Commission (CITC) expects to award two mobile virtual network operator licenses for foreign operators interested in investing in the Saudi telecom market, a spokesperson at CITC told RCR Wireless News. The spokesperson said that the two licenses will be...