dare to go beyond

In 2023, Saudi Telecom Company (stc) took significant strides and delivered resounding results as it continued to transform itself and the digital landscape of the Kingdom and beyond. The ambitious goals outlined in its “DARE 2.0” strategy focused and inspired stc’s talented and dedicated workforce to dream for more and set out each day to make it a reality, accelerating stc’s transformation from a telecommunications leader to a digital powerhouse of the future.

Showcasing stc’s global ambitions, the acquisition of a strategic stake in Telefónica marked a bold expansion beyond its core markets. This move, along with other strategic acquisitions and investments throughout the year, is part of a broader vision to grow its footprint, build its value chain and diversify its portfolio – daring to go beyond by investing with purpose for organic and inorganic growth.

Seeking excellence in customer experience and business performance, the year witnessed technological enhancements and groundbreaking innovation. Digitization across every aspect of the organization and operations is enhancing efficiency, productivity and personalization. stc has laid the groundwork for a digital-first society beyond anything that has come before.

As stc’s strategic direction and progress catalyze the cultural and economic transformation in the Kingdom, the limits of possibility are being reimagined. stc is leading the charge to transform the Kingdom into the world’s most connected and digitized nation, as it dares to go beyond to achieve its vision of becoming a digital and telco leader, enabling the society and economy to thrive, in KSA and beyond.