Migrant carers from India's Kerala await justice in UK visa 'scams'    Russia and Ukraine carry out attacks after Putin-Trump call    Israelis protest outside government headquarters after new wave of Gaza airstrikes    Nasa astronauts Butch Wilmore and Suni Williams finally return to Earth    Harry's US visa records unsealed after drug claims    Saudi Arabia slams Israeli attempts to destabilize Syria through continuous attacks    Commerce ministry: Shoppers can refuse receiving shipment if product is defective    Saudi Arabia surpasses self-sufficiency in figs    Istituto Marangoni to open Riyadh campus in August 2025    621 car maintenance businesses operate under franchise system in Saudi Arabia    Meeting of emirs reviews enhancing security and achieving comprehensive and sustainable development "King and Crown Prince direct to make things easier for the people"    Crown Prince Historic Mosques Project restores Al-Abasa Mosque in Abu Arish    Civil Defense bolsters safety measures for pilgrims in Makkah and Madinah    Princess Reema bint Bandar greets Saudi Special Olympics team in Jeddah    AFC Champions League Elite Finals draw sets stage for Jeddah showdown    Cannes award-winning actress Dequenne dies at 43    Newcastle United ends 70-year wait for domestic glory with Carabao Cup triumph    Antenna: Saudi artist Ahmed Mater opens first solo exhibition in China    Al Nassr climbs to third with dominant win over Al Khaleej, Al Qadsiah slips after loss to Damac    Grand Mufti rules against posting prayers and preaching in mosques on social media    Man lives for 100 days with titanium heart in successful new trial    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



stc recognized in top 150 most valuable brands in the world and the most valuable telecom brand in the Middle East
Published in The Saudi Gazette on 18 - 01 - 2024

stc Group, an engine of digital transformation, has been acknowledged as the most valuable telecom brand in the Middle East for the fourth year in a row and in the top 10 strongest telecom brands in the Middle East, according to a landmark report from BrandFinance. The group is also the strongest brand in Saudi Arabia.
Every year, Brand Finance tests 5,000 of the world's biggest brands, and publishes over 100 reports, ranking brands across all sectors and countries. The world's top 500 most valuable and strongest global brands are included in the annual Brand Finance Global 500 2024 ranking.
The report states that stc has shown impressive growth with its brand value increasing by 12% to USD13.9 billion. Being recognized as the 149th most valuable brand, in the Global 500 ranking makes stc the first consumer brand in the Middle East to enter the 150 most valuable brands globally. The group has increased by 10 places from 159 in 2023.
In 2023, stc witnessed the highest levels of success the Group has witnessed since its inception. stc saw significant progress in developing digital infrastructure, particularly through the expansion of its 5G network, with 3 billion SAR of added investment. This enabled stc to deploy 5G network capabilities in over 75 cities throughout the Kingdom, equipping over 90% of major cities with 5G technology.
Led by a growth mindset, stc is expanding internationally through strategic global acquisitions. One significant acquisition was the 9.9% stake in Spain's Telefónica Group, which was acquired for 8.5 billion SAR (€2.1 billion), making stc Telefónica's largest shareholder.
All in all, this achievement came as a result to stc Group growth strategy which is delivering world-class connectivity to Saudi Arabia and beyond. The group growth mindset enables it to identify and deliver cutting-edge technologies, continuously expanding the scale and scope of our product and service offering.


Clic here to read the story from its source.