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stc awarded by the World Economic Magazine as “Best Telecommunications Service Provider” and “Most Innovative Digital Transformation Telecom Company”

Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced that it has received the “Best Telecommunications Service Provider Kuwait 2022” and “Most Innovative Digital Transformation Telecom Company Kuwait 2022 awards from the globally recognized World Economic Magazine. stc was awarded in recognition of the Company’s exceptional achievements & initiatives in 2021 in enabling and empowering digital transformation across Kuwait’s private and public sectors.

The recognition from the World Economic Magazine reflects stc’s continuous pursuit to elevate customer experience and their journeys through providing a wide range of innovative solutions in the field of Information and Communications Technology and digital products.

The awards also reflect stc’s strategic vision of enabling digital transformation in Kuwait in line with Kuwait Vision 2035, whereas it focused on developing and enhancing its 5G infrastructure. This in return allowed stc to provide individual customers and corporate clients with reliable high-speed connectivity, custom tailored solutions, and advanced technology all under one umbrella.

Commenting on the awards, stc CEO, engineer Maziad Alharbi said, “In a year full of challenges due to COVID-19 pandemic, the telecom sector continues to play a significant role in enabling the digitization strategies and digital transformations of corporate and government entities, with the introduction of advanced solutions and tools that can accelerate the path towards those objectives. stc has moved forward to implement its corporate strategy with the aim to position stc as a digital pioneer, where our vision is focused in implementing its sustainable business growth and expansion strategy, while switching from providing traditional services to offering digital, cloud, internet of things (IOT), Data Center as well advanced IT solutions within the integrated communications technology sector, in line with Kuwait’s digital transformation journey.”

He added: “Throughout the past couple of years, stc has successfully optimized its operations, invested in developing the largest 5G network in Kuwait and enhanced its digital channels to provide its customers with an unrivalled experience. In 2021, stc was the first operator in Kuwait to launch the FULL 5G (standalone 5G) providing better customer experience”

Alharbi added, “stc’s future plans focus on gaining market leadership and being a pioneer through providing an effective model based on its digital platforms where stc seeks to enter strategic partnerships within the ICT sector and explore more smart investments to address the challenges in the market”

He added: “We at stc carefully consider the diverse needs of our customers to provide them with custom tailored solutions that fit their requirements. Our progressive drive and pioneering digital solutions played a significant role in the exceptional year stc has had in terms of introducing new concepts to market. Our range of digital solutions provided start-ups, SMEs, and enterprises with innovative products, such as a 5G Dedicated Line, 5G Live Bus, cloud-based surveillance, and artificial intelligence, as well as other solutions that provide a well-rounded experience, designed to enhance the efficiency of their existing operations through digitized concepts. In terms of our individual customers, we worked effortlessly in enhancing their journey with stc by upgrading our network, expanding our offering line, as well as other initiatives that aim to enrich their lifestyles.”

Alharbi added, “These two awards not only reflect stc’s leading position in the local telecom market, but also acknowledge the long-term investment stc made a few years back to focus on enabling its own digital transformation strategy in line with Kuwait Vision 2035. I would like to take this opportunity to thank all our employees at stc for their commitment and dedication which played a key role in achieving these recognitions. I would also like to thank the World Economic Magazine team for their diligent assessment process and cooperation.”

It is worth mentioning that World Economic Magazine is a US-based publication that is committed to promoting the understanding of financial literacy and economic multi-polarity in today’s global economy and international trade, particularly for its global audience. The editorial provides insights, comprehensive studies, and best practices in the areas of resistance change, people, leadership, products, services, communication, and other critical aspects of the present economy. The publication is determined to offer an honest and engaging platform for companies and businesses as they continuously reengage with their partners and consumers while focusing on agility, innovation, flexibility, speed, and value through people.

These awards add to the many local, regional, and international awards, which stc Kuwait has won including “Best M2M Technology Solutions Provider – Kuwait 2021” and “Best Corporate Governance Telecom Company – Kuwait 2021” from International Finance (“IFM”), “Corporate Governance and Stakeholder Protection award by CFI.co, as well as the “Outstanding Leadership and Growth” award from “MEA Business” magazine, and the Best Leading Corporate for Investor Relations for the year 2021 from MEIRA.



Source: Press Release

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