Ericsson and STC Solutions announce sales channel partnership agreement at MWC 2019

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Ericsson (NASDAQ: ERIC) and STC Solutions (“STCS”), a subsidiary of Saudi Telecom Company, have signed a sales channel partnership agreement to allow STCS to resell Ericsson hardware, software, post-warranty, and training across networks, digital services, managed services, emerging business & technology business units to end users – including STC subsidiaries such as VIVA Kuwait and VIVA Bahrain. The announcement was made during the MWC 2019.

STCS, the products and services development arm of STC for its enterprise business, has cemented its position as a leader in Saudi Arabia’s ICT sector for enabling digital transformation to support government and private sector goals.

“The aim of our cooperation with Ericsson is to create significant value for Saudi society, businesses and people – and ensure that both consumer and industrial markets enjoy next-generation ICT applications and pioneering 5G services in line with Saudi Vision 2030,” said Mr. Mr. Jehad Al-Twairki, Vice President of Business Solutions at STCS.

Ericsson and STCS together with Saudi Telecom Company have collaborated to develop digital infrastructure to capture value from new 5G use cases and widespread adoption of the Internet of Things (IoT), which forms an important milestone for Saudi Arabia’s Vision 2030.

Rafiah Ibrahim, Head of Ericsson Middle East and Africa says: “Leveraging on our strong relationship with Saudi Telecom Company, this partnership agreement focuses on identifying key networks, digital services and IoT use cases. The result would be faster time-to-market for new service offerings and better customer engagement.”

In addition, a digital transformation market strategy will focus on health, transportation, education, security, defense and banking services, whilst a marketing and sales strategy will address the vertical market demands within Saudi Arabia and the region for more 5G and IoT use cases.

ABOUT ERICSSON

Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

ABOUT STC

The Saudi Telecom Company (STC) is a leader in providing integrated communications services in the Kingdom of Saudi Arabia. The company is operating, and continuously responds to market requirements, keeping abreast of technology developments in telecommunications to meet the needs of our customers, especially in light of a changing world in terms of the role of telecommunications and its uses. For more details visit: http://www.stc.com.sa/

About STC Solutions

STC Solutions is part of Saudi Telecom Company’s ongoing commitment to transform itself into a leading regional ICT player. STCS is accelerating STC’s enterprise segment growth strategy through providing a wide range of Information and Communications Technology services beyond the traditional Telco offerings. STC Solutions operates under the umbrella of the Enterprise Business Unit of STC and provides advanced services and solutions that include IoT/M2M solutions, VSAT Services, Cloud Services, Network solution design, Business continuity solutions, Data center services, Managed Services and ICT Systems Integration. For more details please visit: http://www.stcs.com.sa/

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