Ooredoo Reinforces Its Leadership in Sustainability as Part of Its Long-Term Vision and "Green Communication" Principle
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stc launches 5G Advanced network to deliver an exceptional experience to its customers
Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced the launch of the '5G Advanced' network. The step comes in line with stc's ongoing commitment to support Kuwait Vision 2035, which aims to enable digital transformation and provide an enhanced digital experience for customers.5G Advanced serves as the next generation of 5G technology and is expected to revolutionize the online experience for individuals and businesses. The innovative technology will enable customers to gain access to greater capabilities that can optimize their operations and online usage, opening the door to the integration of advanced smart solutions across various on the launch, engineer Muataz Aldharrab, CEO of stc, said, 'This launch marks a significant step towards strengthening Kuwait's digital transformation journey. With greater capabilities, 5G Advanced will enable more precise connectivity, higher speeds, and more intelligent network capabilities that align directly with the objectives defined under Kuwait Vision 2035.'He added, 'We aim to play a contributing role in shaping the future landscape of telecom and ICT sectors in Kuwait. Over the past years, we have made pivotal efforts to develop and strengthen our network capabilities, in addition to our pioneering position in fostering an environment of innovation. Additionally, we have focused on developing our infrastructure to empower the use cases of both businesses and individuals alike.'Aldharrab concluded, 'We consistently explore innovative methods to drive innovation and advance the solutions offered to our customers to enable digital transformation. Today, we are reinforcing this approach by launching our 5G Advanced network, which positions Kuwait on the global map in delivering high-speed 5G connectivity and innovative ICT solutions that serve various sectors.'stc was a pioneer when it came to launching its 5G services in Kuwait, a milestone that was made possible through the Company's early investments in building a robust and scalable network infrastructure. This forward-looking approach enabled stc to seamlessly integrate 5G capabilities across its operations and offerings, laying the foundation for more advanced technologies such as 5G Advanced. To find out more about stc's events, promotions, and sponsorships, follow stc's official social media platforms, visit one of stc's branches, download mystc mobile application, visit or contact the customer service center by dialing 102 for around the clock assistance.
Al Bawaba
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Leading with Heart: Ooredoo Launches Phase 2 of Its Goodwill Journey to Uplift and Empower
Following the success of Phase 1, Ooredoo has officially launched Phase 2 of its flagship CSR initiative, the Goodwill Journey, from Muscat Grand Mall. The launch was held under the patronage of H.E Sheikh Ali bin Mohammed Al-Tamimi, Wali of Samail, and in the presence of H.E Dr. Younis bin Hamed Al Siyabi, Member of Shura Council representing Wilayat of new leg of the journey takes the team to Al Dakhiliyah Governorate, where a major highlight includes the inauguration of the Coffee Waste Recycling Project at the Omani Women's Association in the Wilayat of of the winning initiatives from the Innovative Incubator Competition, the project transforms used coffee grounds from local cafés into natural skincare products. Spearheaded by more than 100 Omani women, this initiative supports sustainability, skills development, and entrepreneurship, with an annual production goal of over 2,000 Aziz, Director of Branding and Communications at Ooredoo, commented: "This phase of the Goodwill Journey is a reflection of what long-term community investment looks like, transforming ideas into viable projects, driven by local talent and purpose. Our focus is very much on supporting youth and empowering them to turn their energies into tangible achievements, and so it is inspiring to see the women of Sumail turning simple resources into something valuable and sustainable. This is exactly the kind of impact we strive to create, solutions that grow from within the community and can stand the test of time."The journey will also extend its impact to Wilayat Al Hamra, in partnership with His Excellency Sheikh Suleiman bin Saeed bin Salim Al-Azri, Wali of Al Hamra. Together, Ooredoo will support the development of the area near the Eid prayer ground, a popular site for tourists and youth, by installing cabins for productive families and job seekers. The project directly contributes to Oman Vision 2040, with a focus on youth empowerment, sustainable tourism, and inclusive economic growth. Now in its 21st year, the Ooredoo Goodwill Journey remains a powerful symbol of community empowerment and sustainable progress. With quarterly activations across the Sultanate, the initiative reflects Ooredoo's commitment to long-term social investment, women's empowerment, and building opportunities that leave a lasting impact. It also underlines the company's continued engagement and support Omanis and for communities across Oman. And it's not stopping there.
Al Bawaba
5 days ago
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Ooredoo Recognized Among the World's Leading Telecom Companies for its Strong Market Impact and Long-Term Growth Strategy
Qatar's Ooredoo has entered the ranks of the world's top 10 telecom operator value creators, according to the Boston Consulting Group's (BCG) 2025 Telco Value Creators Report. The milestone is attributed to $6 billion in value creation from 2020 to 2024, representing a successful transformation driven by digital innovation and strategic BCG report, titled "Returns May Be Declining, but Opportunity Is Calling," advocates for transformative growth in the telecommunications sector, despite prevailing industry challenges. According to the analysis, Ooredoo ranks 9th based on its five-year Total Shareholder Return (TSR) from 2020 to 2024, which stands at 15%. This achievement signifies a market capitalization of $10 billion. The competitive edge for six of the top ten telecom performers from emerging markets stems from regulatory conditions and investment approaches that successfully yield a Return on Invested Capital (ROIC) outpacing the Weighted Average Cost of Capital (WACC) by 60 basis Gomes, Managing Director & Partner, BCG, said: "Transformations in network architectures and innovative product offerings, powered by the adoption of AI, have unlocked new pathways for significant value creation for telecom operators like Ooredoo. These advancements harness AI's potential to revolutionize the industry, marking a critical turning point for telecom providers globally to reconsider traditional operating models, considering the opportunities projected for the 2025 horizon. The findings highlight that by implementing forward-looking strategies, leading operators establish actionable frameworks for driving substantial value creation, setting a benchmark for industry success in the current competitive landscape."The report underscores the critical necessity for telecom operators to enhance value generation through a multifaceted approach: optimizing physical and network assets, adopting new cost-efficient network architectures, and innovating with next-generation products and marketing GCC Telcos Are Leading the ShiftAI and digital services are emerging as pivotal elements in the transformation toward smarter, more efficient enterprises. Investments by operators in automation, customer intelligence, and tailored AI solutions for enterprises underscore this pivotal shift. This is further propelled by strategic alliances with both hyperscale cloud providers and local startups, driving scalable, bespoke enterprise AI parallel, sovereign cloud and data security initiatives are important within the GCC region. Operators are forging partnerships with global technology corporations to establish compliant, local cloud infrastructures, reinforcing data residency and sovereignty—critical components for adherence to compliance standards and the monetization of AI and analytics in regulated industries."Telecommunications companies must move with agility and foresight, utilizing AI as a crucial catalyst for sparking innovation, enhancing operational efficiency, and deepening customer engagement. The success of operators like Ooredoo corroborates a forward-looking, innovation-centric investment approach, underlining the necessity for transformative mergers and acquisitions, along with advanced marketing strategies for the future," added David Panhans, Managing Director and Senior Partner at deployment of next-generation networks, such as 5G and Open RAN, are geared toward achieving operational efficiencies and incubating new revenue streams, including low-latency services integral to smart city and IoT frameworks. Efforts in edge computing and low-earth-orbit satellite partnerships aim to extend connectivity, granting telcos the opportunity to exploit untapped markets. Regarding monetization, the focus on enterprise modernization, the bundling of AI-driven services, and an infrastructure aligned with AI optimization are key components for maximizing the returns on investment in next-generation technologies. Further investments in next-gen network infrastructures align with the GCC's ambition to advance smart cities and achieve digital Path Forward: A New Model for Value CreationTelecommunications operators could benefit from a proactive approach to optimizing their strategic assets. This involves the monetization of infrastructural assets and the simplification of business models. By exploring shared-models and cloud-based solutions for non-core assets like fixed-line networks and data centers, telecommunications operators can enhance efficiency. Additionally, mergers and acquisitions are pivotal in solidifying market presence and achieving operational synergies, driving industry consolidation towards increased profitability and market and Capital Expenditure (CapEx) optimization remains at the heart of this transformative agenda, with AI and automation serving as principal levers. AI enables significant CapEx efficiency through infrastructural innovations such as Open RAN, which mitigates vendor lock-in and lowers associated expenditures while additional network-sharing arrangements can generate substantial annual cost savings. As 5G deployments mature, redirecting cash flows from these efficiencies to facilitate growth or shareholder dividends underscores a disciplined CapEx development of next-generation network architecture takes center stage, featuring cloud-native systems, Open RAN, and edge computing. These technologies are essential to reducing costs, fostering technological flexibility, and enabling advanced applications for smart cities and the Internet of Things. In concert with this architectural evolution, sales and marketing strategies are undergoing a transformative shift towards AI-empowered personalization, enhancing interactions across both B2C and B2B domains. The blend of automated and human-driven sales interactions represents a hybrid model where AI-addressable inquiries streamline customer service, reserving high-value interactions for expert human is playing a dual role, reducing operational costs and accelerating growth, enabling personalized consumer offerings and sector-specific B2B tools. The telcos poised for superior performance are those merging these strategies: modernizing network and operational infrastructure, refining asset portfolios to concentrate on areas with the highest potential, and innovating customer engagement through data-driven insights. As per BCG's report, embracing cloud-native technologies, facilitating edge computing for IoT applications, and executing on network-sharing agreements, have clear-cut implications for the evolution of the telecom sector's operational and competitive dynamics.
