stc Group and Ericsson Sign Multi-Year Deal to Expand 5G Network Across Saudi Arabia

▤ Summary

stc Group signed a multi-year agreement with Ericsson to expand 5G coverage across Saudi Arabia. The deal adds new network sites, more capacity, 5G Standalone expansion, and preparation for differentiated connectivity services. Ericsson will deploy Radio System products, including new low-band radios and software features, and extend its software subscription model to stc. The expansion will improve coverage, indoor performance, and fixed wireless access while supporting sectors such as logistics, energy, mining, tourism, and public services.

▦ Linked Companies

Ericsson

$1B+