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about

stc has rapidly established itself as a leading force in Kuwait’s telecom and ICT sectors, continuously innovating and raising the bar with industry firsts, strategic partnerships, and cutting-edge advancements. Through strategic growth and diversification, stc now plays a pivotal role in empowering Kuwait’s digital future and advancing the nation’s Vision 2035.

2008

  • Launched commercially
  • First to abolish incoming calls fees
  • Became first operator in the world to have all IP network

2009

  • Introduced high speed mobile broadband in Kuwait
  • Launched innovative prepaid offerings and acquired 500K customers in one year

2010

  • Expanded retail network and launched joint promotions with retailers
  • Won Comms MEA ‘Best Telecom Finance Deal’ Award

2011

  • Became first to introduce Apple iPhone
  • Launched strategic partnership with Manchester United
  • Became first to introduce newest HSPA+ (42.2 Mbps) broadband network

2012

  • Launched Elite Program for loyal, VIP and high value customers
  • Became profitable during the fourth year of operations
  • Began deployment of 4G LTE network

2013

  • Won ‘Best LTE Deployment’ at the ‘Telecoms World Awards – Middle East’.
  • Introduced number portability and acquired majority of ported numbers between operators

2014

  • Launched partnership with Real Madrid
  • Listed on Kuwait Stock Exchange
  • Ranked second in terms of revenue and subscriber market share

2015

  • Became first to introduce the all-new (VoLTE) technology
  • Expanded network to 70 branches across Kuwait
  • Became first to introduce the LTE Advanced

2016

  • Won ‘Best Telecom Company’ by Arabian Business
  • Became Member of the International Telecommunication Union (ITU)

2017

  • Won ‘2017 Speedtest Award’ by Ookla
  • Won ‘Best Operator Network’ from Telecom World Middle East

2018

  • Won ‘Best Network Development Award’ at 5G MENA

2019

  • Launched new stc brand
  • Acquired Qualitynet, the leading ISP provider in Kuwait
  • Launched 5G services
  • signed MOU with Huawei to develop 5G services

2020

  • Ranked first in the MENA region on the Forbes "Global 2000" list
  • Rebranded Qualitynet to solutions by stc
  • Established Connect Arabia W.L.L with Mobility Telecom Kuwait Limited (BVI)/ the main partner

2021

  • Led consortium with Virgin Mobile Middle East & Africa that received a MVNO license from CITRA

2022

  • Acquired e-Portal Holding Company and its subsidiaries, the leading ICT services provider in Kuwait
  • Increased share capital to KD 99.9 million through the distribution of 100% bonus shares

2023

  • Launched partnership with Samsung to expand availability of smart solutions
  • Signed MoU with Huawei on 5.5G strategic cooperation and digitalization innovation
  • Added to a number of the MSCI and FTSE Global Equity Indexes

2024

  • Upgraded from the Main Market to the Premier Market on Boursa Kuwait
  • Started the preparation to roll out the new spectrum for 5G-Advanced network (5.5G)
  • Signed land agreement to build stc’s new headquarters
lolo-area

Moving Forward
Empowering Kuwait’s Digital Culture

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Contact Info
stc Kuwait
+965 - 55670000
Investor.relations@stc.com.kw