Barcelona, Spain, Feb 26, 2019 - As part of its strategic priorities to maximize the benefits of its network evolution in Saudi Arabia, Saudi Telecom Company (STC) announced today that it has signed a Memorandum of Understanding (MoU) with Ericsson to collaborate in building 5G use cases. The overall aim is to prepare STC in targeting enterprise and consumers with the latest innovations in 5G-based solutions.
With this MoU, Ericsson brings extensive innovation and research expertise that will maximize the benefits of implementing 5G technologies in Saudi Arabia. Leveraging Ericsson’s global partnership with industry partners will also provide STC with the most relevant and agile solutions to monetize its future 5G network.
Eng. Haithem Al Faraj, SVP Tech & Ops, STC, says: “STC is a world-class digital leader in Saudi Arabia providing best-of-breed services to its customers with high efficiency and agility. This agreement with Ericsson will expand STC’s product and services portfolio to gain more ICT market share and maintain STC’s leadership in ICT in the Kingdom.
Rafiah Ibrahim, Head of Ericsson Middle East and Africa, says: “We are collaborating with STC to build the imperatives of future business as well as to improve customer experience for 5G. This MoU is also in line with our continuous efforts to support STC’s digital agenda.”
NOTES TO EDITORS
For media kits, backgrounders and high-resolution photos, please visit www.ericsson.com/press
Subscribe to Ericsson press releases here.
MORE INFORMATION AT:
(+46 10 719 69 92)
(+46 10 719 00 00)
Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com