PHOTO
- Developing a technology innovation center
- Supporting sustainability in the Kingdom of Saudi Arabia
Barcelona: 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.
-Ends-
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
