Kuwait Telecommunications Company (stc) has reported strong operational and financial results for the first half of 2025, underpinned by the successful rollout of 5G Advanced, an expansion in consumer services, and a continued focus on digital transformation aligned with Kuwait Vision 2035.
Eng. Muataz Abdullah Aldharrab, CEO of stc, described the results as a reflection of the company’s “strategic focus on quality growth, operational efficiency, and a flexible business model.” He credited the robust performance to the company’s dual approach—expanding individual and enterprise digital services and strengthening technological capabilities.
Key Highlights:
5G Advanced Rollout
In June 2025, Kuwait became one of the first countries globally to adopt 5G Advanced—a next-generation evolution of 5G. stc launched its 5G Advanced network with the promise of faster speeds, lower latency, and smarter connectivity, paving the way for intelligent applications across industries.
“5G Advanced is more than just a speed upgrade. It represents a shift toward intelligent networks that serve both business and society,” said Aldharrab.
Financial Performance
- Total Revenue: KD 174.6 million (up 5.2% YoY)
- EBITDA: KD 45.5 million (up 5.7%)
- Net Profit: KD 17.3 million (up 2.7%)
- EPS: 17 fils
- Customer Base: ~2.2 million
- Assets: KD 470.4 million
- Shareholders’ Equity: KD 222.9 million
The consumer segment contributed 77% of total revenue, while the enterprise segment made up the remaining 23%, driven by growing demand for integrated digital solutions across industries.
Digital Innovation & Social Commitment
‘inspireU’ Accelerator Expansion
In Q2 2025, stc launched the third cycle of its flagship startup accelerator, ‘inspireU’, supporting SMEs and tech entrepreneurs in Kuwait. The initiative aligns with stc’s broader digital vision, offering mentorship, infrastructure, and funding access to local startups.
ISO Certification
stc was also awarded the ISO 45001:2018 certification for occupational health and safety management—affirming its commitment to global workplace standards and employee wellbeing.
Strategic Outlook
Aldharrab emphasized that stc’s growth strategy balances technological investment, market expansion, and sustainable returns:
“Our resilient financial position enables us to pursue strategic projects while maintaining stability. We are leveraging our advanced digital infrastructure to adapt, innovate, and lead.”
stc’s strong solvency and governance standards position it among the most stable telecom firms in the region. The company aims to diversify revenue streams, strengthen cost management, and drive institutional excellence as part of its long-term vision.
Outlook
With the continued rollout of next-gen networks, expansion of innovation programs, and a solid financial base, stc is well-positioned to maintain its leadership in Kuwait’s digital transformation journey—both as a telecom provider and an enabler of the tech ecosystem.
