STC tops first on list of biggest 10 GCC telecom companies in 2012
- Saudi Arabia: Saturday, February 16 - 2013 at 11:12
- PRESS RELEASE
STC topped first on list of the biggest GCC telecom companies in 2012 surpassing its local and regional peers according to the specialized Middle Eastern economic magazine Amwal which revealed further that STC could realize a market value amounting SR23.514bn.
Besides, STC stands as an active economic entity participating to the development of all Saudi economic sectors by implementing sustained social and economic development plans, whether in infrastructure projects, job creation and saudization, uplifting operational efficiency and honing up the competitive edge in the telecom and IT industry.
It is noteworthy that STC held the best and most influential Saudi brand during 2012 as it realized a 10% rise in brand value compared to 2011 and sustained its position as one the best 50 GCC brands according to a specialized report circulated by brand rating consultancy Brand Finance plc of Britain for the year 2012.
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