KUWAIT: Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financial results for the six months period ended June 30, 2024, highlighting the most significant achievements, financial and operational performance in addition to the social initiatives made by the company during 2024.
In this regard, Eng Muataz Abdullah Aldharrab, the company’s CEO, stated: “Kuwait Telecommunications Company (stc) managed to achieve good financial and operational results during the second quarter of 2024, due to the continuous and increasing demand for ICT and digital solutions for both the individual and the enterprise sectors. Since the beginning of the year, the company has been keen on implementing its corporate strategy focused on market leadership, through enhancing its portfolio of products and services while actively seizing potential opportunities that support stc’s business model and efficiently optimizing its internal operations.
Additionally, stc continually strives to strengthen its position as a leading telecommunications company and to increase its market share in a highly competitive industry. This ambition is driven by expanding its business into new areas of sustainable growth, focusing on developing its infrastructure, and offering cutting-edge solutions specifically designed to meet the evolving needs of both the individual and enterprise customers.” Aldharrab added, stc proudly announced that stc group maintained its position as the most valuable telecom brand in the Middle East for the fourth consecutive year, confirming its leadership status amongst the top five strongest telecom brands in the world, based on the latest report issued by “Brand Finance Global 500”
