Saudi Telecom Company, Nokia sign 5-year master frame agreement

The STC Group and Nokia have signed a five-year master frame agreement (MFA) to further strengthen their strategic partnership.

The agreement aims to expedite the buying process of Nokia’s latest equipment, software and services for the STC Group in order to introduce innovative services faster to its subscribers.

This will allow STC Group companies to seamlessly buy advanced technologies, such as 5G, Internet of Things (IoT), IP and optical network technologies, and customer experience management from Nokia’s end-to-end portfolio for mobile and fixed networks.

For the first time in the region, the agreement was remotely signed, in line with the restrictions in place due to COVID-19, purely relying on software innovations and demonstrating the power of augmented reality (AR) and artificial intelligence (AI). These technologies enabled a virtual signing ceremony in a digital environment.

The agreement was signed by STC Group CEO Nasser Sulaiman Al-Nasser and Amr K. El-Leithy, senior vice president of the Middle East and Africa market at Nokia.

Al-Nasser said: “This strategic partnership with Nokia supports Saudi Vision 2030, which is focused on leveraging advanced technologies for the digital transformation and growth of the country, aligning with STC’s Rawafed program, which aims to enhance local content.”

He added: “As a true pioneer, we strive to introduce advanced technologies and services faster and ensure that they enrich our subscribers’ lives.”

El-Leithy said: “We are committed to bringing our technological innovations to STC in an agile manner, and supporting STC’s vision to be a world-class digital leader, empowering innovative services and platforms for digital transformation. This agreement is a major milestone in the STC-Nokia strategic ties and is a strong testimony of the solid relationship we have built with STC over the years.”