Page 21 - SAMENA Trends - October 2021

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

innovation and digital transformation in information technology. Recently, stc has recently recommended a dividend
the Middle East and North Africa through announced its wholly owned submarine policy starting from the 4th quarter of
an integrated system of services provided cable system named Saudi Vision Cable, 2021. Where stc commits to distribute SR
by the Group and its subsidiaries. This has that is inspired by the Saudi 2030 vision, 1 per quarter for the next three years, with
enhanced the success of companies such which will be a game changer for subsea a possibility of paying additional dividends
as (solutions by stc) to transform from cables in the region. This state of the art subject to assessment of the company’s
a SR 100 million acquisition in 2007 to submarine cable system will enable a financial position, future outlook, and
a company with a value of more than 18 unique and low latency route, linking the capital requirements. Finally, stc is still
billion riyals upon its listing, and becoming major subsea hubs in the Red Sea cities of committed to investing in infrastructure
at the forefront of IT service providers Saudi Arabia. Saudi Vision Cable is the first and acting as a national enabler for
for five consecutive years, in addition to ever high capacity submarine cable in the digital transformation. As stc adopts
being the preferred partner for the public Red Sea region that will provide seamless sustainable national initiatives that are
and private sectors in the Kingdom. The connectivity through 4 landings in Jeddah, concerned with building digital capabilities
successful listing of (solutions by stc) Yanbu, Duba, and Haql. Further and in and skills for future leaders, embracing
in the Saudi Stock Exchange, Tadawul, recognition of the strong financial position entrepreneurs and innovators, supporting
represents a qualitative and important of the company and its objective to the digital environment, empowering
leap in supporting companies working maximize its shareholders’ value, the Board society and consolidating the Kingdom’s
in the field of communications and of Directors of Saudi Telecom Company position as a regional technical leader.

solutions by stc Partners with Redington to Offer a Variety of Microsoft
Solutions

solutions by stc, the specialized business arm of Kuwait
Telecommunications Company – stc, announced its
partnership with Redington, a leading Microsoft partner in
the region offering a variety of solutions, while delivering
advanced support to assist companies in initiating their digital
transformation journeys seamlessly through Microsoft. This
partnership falls in line with solutions by stc’s commitment
to continue building strong partnerships with market leaders
to provide B2B customers with the latest solutions available
in the digital world. solutions by stc released a statement
indicating that the Company currently offers a wide range
of Microsoft solutions but aims to enhance the experience
for customers through its newly formed partnership. The
products and services that will be available cater to both
SMEs, as well as larger institutions, especially in light of the
conditions triggered by the pandemic. The applications and offered in the market, but will be inclusive of free setup consultations
cloud services provided by Microsoft are the perfect suite and a dedicated support team. In agreement with Redington, solutions
for both remote and onsite working as employees return to by stc will be offering its B2B customers competitive bundled services,
their offices. Through the numerous products and services access to a dedicated customer support team, as well as other
offered by Microsoft 365, there are three primary packages services that are managed in collaboration with Redington. These
that include applications that are considered to be essential. include Microsoft products such as Windows 10 Enterprises, Windows
Each package will include a variety of products and services Server Datacenter and Remote Desktop Services, Project Professional,
compiled to meet the needs of businesses, including SQL Server and other standalone applications or services. Office 365
frequently used apps such as Word, Excel, PowerPoint, and applications such as Word, Excel, PowerPoint, OneNote, and Microsoft
Outlook. An additional product offered by Microsoft free Teams will also be offered through the bundled services to empower
of charge to subscribers is OneDrive, a cloud-based drive the transformation journey for customers. solutions by stc added
capable of online storage. With OneDrive, users can simply that it will continue to explore alternative methods that elevate the
store, sync, and share their files across their PC, mobile, digital journey and experience for its valued customers. Possessing
or other devices. One of the main benefits of acquiring a deep understanding of customer needs has aided the Company
and utilizing these services in the Kuwaiti market through in offering solutions that enhance operational efficiency, as well as
solutions by stc would be the dedicated professionals who the day-to-day activities for businesses of all sizes. As a business
can guide customers on the best digital tools that fit their solutions provider, solutions by stc also offers a range of connectivity
unique business models. solutions by stc set a competitive solutions, fixed or wireless services, 5G technology through stc,
pricing strategy for the bundled services similar to those Fiber connectivity, ICT, IoT and the IT products and services.

21 OCTOBER 2021