Jul 01, 2021

Barcelona: stc Group signs more than 20 agreements

- Developing a technology innovation center
- Supporting sustainability in the Kingdom of Saudi Arabia

stc Group concluded its seventh participation in the Mobile World Congress (MWC) in Barcelona by signing more than 20 strategic agreements with the world’s leaders in the telecommunications, networking and information technology industries. Agreements included partnerships with Ericsson, Nokia, Huawei, Intel and other companies to expand the 5G network to enhance the customers’ experience and upgrade the 5G services for the business sector.
Over the course of four days, stc recorded a remarkable presence among the 25 largest telecommunications companies in the world and showcased the achievements of the Kingdom and the company in the digital infrastructure. Also, stc has announced ambitious plans to protect the environment, including the adoption of integrated sustainable practices in every aspect of its business, including reducing energy consumption and enhancing reliance on renewable sources of energy. Developing technologies for generating renewable energy as well as enabling the digital economy in parallel with the objectives of the Kingdom’s Vision 2030.
stc announced a partnership with Huawei to develop an innovation center for research and development to advance the development of the information and communications technology industry in the Kingdom. This will contribute to strengthening the field of research and development and will accelerate the development of digital technologies and solutions, thus enhancing its innovative capabilities, improving the quality of life and contributing to comprehensive economic and social development for the Kingdom of Saudi Arabia.
Another agreement was also signed with Ericsson, which aims to raise awareness of 5G applications and emerging technologies through the "5G Business" program. This raises the level of cooperation in creating assets associated with stc customers, as well as interacting with the company's target customers through digital channels.
In a related context, a contract was signed with Intel, in the field of cloud communication development, by adopting innovative cloud infrastructure for many areas, including the independent 5G network services, wireless network, and 5G cloud services. The journey of cloud configuration will be accelerated through this partnership and access to key Intel technologies and solutions that adopt comprehensive cloud configuration for stc's 5G infrastructure. This will provide new levels of flexibility and quality of service. The completion of the preparation of a central office was revealed for the next generation between stc and Intel, with the aim of hosting new digital services supported by artificial intelligence.
stc has also made great development in the field of adopting “blockchain” technology in the telecommunications sector by completing a proof of concept with Subex, a leading provider of telecom analytics solutions to facilitate phone calls details and reduce the cost.
On the sidelines of MWC conference, stc signed a memorandum of understanding with Rakuten to expand global partnerships to promote emerging technologies. The cooperation includes developing an independent digital platform that provides cloud communication services and networks and options for deploying OpenORAN access networks - and developing new applications and business models. stc has also continued its efforts to expand the 5G networks and has signed agreements of understanding with its global partners Altiostar and Mavenir to work on the open environment ORAN after completing the first active ORAN site for mobile networks in the Middle East. A strong digital future, while maximizing digital transformation efforts in Saudi Arabia.