Key Financial Indicators

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 according to 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 acquired 100% of the share capital of 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.

stc has always aimed to support the vision of His Highness Sheikh Sabah Al-Ahmad Al- Jaber Al-Sabah for Kuwait 2035, in positioning Kuwait as a major financial and commercial hub in the region. 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 stood at 2 million. stc strives to provide its customers, both consumers and enterprise (stc business), 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.

On 19 December 2019, Kuwait Telecommunications Company changed its brand name from “VIVA” to “stc” as a unified brand of the group in the Kingdom of Saudi Arabia, the State of Kuwait and the Kingdom of Bahrain which will contribute to enhancing the brand of stc as one of the most expensive and valuable brands in the Middle East.

stc has succeeded in attracting the private sector investments, driving the economy and repositioning telecoms as one of the most vital and active sectors in the evolution of global technology. stc has also extended its services to provide the best wireless coverage in Kuwait, and thus, played a key role in improving the nation’s urban infrastructure.
Since 2008, stc's accomplishments have transformed the Kuwaiti telecom market, including changing wireless pricing models and fees. In 2016, stc entered the International Telecommunications Union (ITU). In 2018, stc became the first network, in the MENA region, to offer its customers the 5G service and to enable enterprises in mobility. stc has invested in building the most advanced network, and proudly owns the largest number of sites covered by the 5G service in Kuwait.
Additionally, stc is currently working on enriching its services, products and solutions offered to its customers, individuals and enterprises, through its collaboration with Qualitynet General Trading and Contracting Company’s experienced and competent team. Last but not least, stc succeeded in creating job opportunities and focusing on the Kuwaitization plan, reaching 65% of the company’s workforce, by attracting the top talents through partnerships and collaborations in the Kuwaiti market. stc is committed to a rich Corporate Social Responsibility ‘CSR’ program and has launched multiple initiatives for supporting talent in the fields of healthcare, sports, entrepreneurship, education and environment.

Our Vision

A world-class digital leader providing innovative services and platforms to our customers and enabling the digital transformation in Kuwait.

Our Mission

Our Strategy outlines the key pillars to expand stc’s topline, create value with greater efficiencies, while preparing the company for the future:

  • End to end digital experience
  • Enhance core performance
  • Reinvent customer experience at world class standards
  • Leveraging on group synergies