Saudi STC to generate USD 100tr by 2025

03 Mar 2016

(MENAFN) Saudi Telecom Company (STC) concentrated on increasing a diversified economy and explained the role of telecom operators in digitalizing the kingdom’s economy.

Accordingly, Telecoms can play leading role in three digitalization layers in order to address the needs of different segments and vertical markets.

The mobile industry is changing fast in the kingdom’s economy by representing connected cars, smart homes, home 3D printers, drones, payments and robots.

Moreover, 22 percent of Saudi businesses are applying or spreading cloud services, 30 percent of KSA enterprises have business apps on mobile.

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