The main activities of stc and its subsidiaries (collectively referred to as the “Group”) comprise the provision of telecommunications, information, media services and digital payments, which include, among other things:

• Establish, manage, operate and maintain fixed and mobile telecommunication networks, systems and infrastructure.
  

• Deliver, provide, maintain and manage diverse telecommunication and information technology (IT) services to customers.
  

• Prepare the required plans and necessary studies to develop, implement and provide telecommunication and IT services covering all technical, financial and administrative aspects. In addition, prepare and implement training plans in the field of telecommunications and IT, and provide consultancy services.
  

• Expand and develop telecommunication networks, systems and infrastructure by utilizing the most current devices and equipment in telecom technology, especially in the fields of providing and managing services, applications and software.
  

  • Provide integrated communication and information technology solutions which include, among other things, telecom, IT services, managed services, cloud services and Internet of Things, etc.
    

  • Provide information-based systems and technologies to customers including providing telecommunication means for the transfer of internet services.
    

• Wholesale and retail trade, import, export, purchase, own, lease, manufacture, promote, sell, develop, design, setup and maintenance of devices, equipment, and components and executing contracting works that are related to different telecom networks including fixed, moving and private networks. In addition, computer programs and the other intellectual properties.
  

• Real estate investment and the resulting activities, such as selling, buying, leasing, managing, developing and maintenance.
  

• Acquire loans and own fixed and movable assets for intended use.
  

• Provide financial and managerial support and other services to subsidiaries.
  

• Provide development, training, asset management and other related services.
  

• Provide solutions for decision support, business intelligence and data investment.
  

• Provide supply chain and other related services.
  

• Provide digital banking services.
  

• Provide cybersecurity services.
  

• Construction, maintenance and repair of telecommunication and radar stations and towers.

  Moreover, stc is entitled to set up individual companies as limited liability or closed joint stock. It may also own shares in, or merge with, other companies, and it has the right to partner with others to establish joint stock, limited liability or any other entities whether inside or outside the Kingdom. stc conducts its operational business in the Kingdom and has various investments in associate companies, subsidiaries and joint ventures, collectively known in the financial performance and in the financial statements as the Group.