stc reports KD 213.8m revenue and KD 23.8m net profit for nine months

stc reports KD 213.8m revenue and KD 23.8m net profit for nine months

KUWAIT: Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced its financial results for the nine-month period ended 30 September 2021. On this occasion, Dr Mahmoud Ahmad Abdulrahman – stc’s Chairman, stated: “Driven by the global direction towards digitization and the corporate digitalization outlook, stc’s refreshed strategy had a significant role in enabling the digital transformation in Kuwait.

Since the onset of the COVID-19 pandemic, the urgent need for a local digital society has been met by allowing businesses, educational institutions and individuals to remain connected through enhancing stc’s network infrastructure in addition to providing online platforms and a variety of the finest and latest comprehensive digital services and products to the individual and business sectors to strengthen the customer experience.

The continuous socio-economic changes and the increased demand on digital tools, products and services necessary to continue the daily business operations has prompted stc to enhance its corporate strategy as well as its risk management plans which aim at enabling the company to continuously carry out its operations during the various circumstances to ensure continuity of delivering the best quality and customer satisfaction”.

Commenting on the financial results for