4. Saudi Telecom Company (stc)

stc uses the latest AI and IoT technologies enabled by 5G integration. It also uses the spatial internet, drones and robotics, visual analytics, cloud gaming, and AR in its operations. As of June 2022, it had up to 83.63% market share in Saudi Arabia’s telecom market capitalization, while it ended 2021 with $16.9 billion in revenues. Last year was also full of achievements; by Q2 2022, stc’s 5G implementation across Saudi Arabia reached 7,000 towers, and it had 10 data centers and was planning six more. It has also developed a technical innovation center, which has held several webinars, including “Foster Innovation Culture Awareness” and “Open Ecosystem.” stc has provided 449,160 training hours for its employees in health and safety, cybersecurity awareness, and cybersecurity talent development.

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