Saudi Telecom Company and Cisco Sign Managed Services Agreement to Drive Network Capabilities for Digital Era - Seite 2

"We are excited to play an integral role in supporting STC's vision to accelerate technical and commercial innovation," said Peter Karlstromer, Senior Vice President, Global Service Provider, EMEAR, Cisco. "As part of our ongoing collaboration, this agreement places STC at the forefront of the latest developments in the telecoms sector, with a network capable of capturing emerging opportunities and fulfilling future requirements for end users and enterprises."

Cisco's managed services will enable STC to generate maximum value from their investments in network architecture and support the streamlining of operations, maintenance and the expansion of the telco's network. The new agreement will also accelerate time to revenue for new services and reduce total cost of ownership.

STC is a leading service provider in telecoms infrastructures and has embarked on a new strategy, "The Next Horizon", which aims to transform the telco's culture and business, deliver profitable growth and enable the knowledge-based economy to support the vision of driving socio-economic development in Saudi Arabia.

About STC
STC Group is one of the largest telecommunications company in the Middle East and Africa. Launched in 1998, STC empowers around 100 million customers across the globe with customer-centric, cutting-edge solutions at the forefront of the knowledge economy with a fiber-optic cable network spanning 137,000 kilometers across Asia, the Middle East, and Europe. STC in Saudi Arabia, the group's core business, runs the Middle East's most modern and biggest mobile network, covering more than 99% of the country's populated areas and enables 4G mobile broadband services to more than 85% of the population across Saudi Arabia.

About Cisco
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