The agreement allows NSN to offer its portfolio of network infrastructure equipment though a Global Price Book, and provide volume discounts based on total spend across STC, Maxis and Oger Groups at OpCos in Bahrain, India, Indonesia, Kuwait, Malaysia, Saudi Arabia, South Africa and Turkey.
The STC group, along with the Maxis and Oger Groups, has reached a leading position in the global mobile and fixed telecommunication markets.
In 2010, the groups jointly launched a series of global technology initiatives focused on capturing synergies across their nine operating companies with a focus on truly global scope of initiatives in all participating geographies and on working with the best-in-class global and regional supplier to become preferred partners to the group.
One of the initiatives was focused on technology infrastructure synergies, with an objective developing a global price book and formalizing volume discounts based on overall group scale.
STC is the leading provider of telecommunications services in the Kingdom that provides mobile, landline, Internet and other data services, to residential and business customers.
Also STC has become a global giant through successful expansion in a record years’ time to become among the largest operators in the Middles East, Africa as in Southeast Asia.
This expansion from local to international has been led by STC International through distinguished leadership and strategic partnerships.
STC International can now be a catalyst for opening up the emerging markets to investments and innovation in telecom and has the power to make a deep change on a multinational scale and subscribes fully to creating value rather than basic competition in every market where it operates.
(C) Arab News
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