Stc Group, Ericsson Enter Five-year Digital Infrastructure Deal

03:25 AM EST, 12/16/2025 (MT Newswires) -- Saudi Telecom Co. (SASE:7010), d/b/a stc group, is strengthening its existing partnership with Ericsson (ERIBR.HE, ERIC-A.ST) to accelerate the rollout of digital infrastructure and expand technology adoption across Saudi Arabia. The telecommunications groups signed a new five-year master frame agreement covering 5G hardware and software, cloud-native technology, and advanced artificial intelligence-driven managed services, according to a Tuesday release. Stc said the expanded partnership is expected to unlock new business opportunities and use cases across both consumer and enterprise segments in the Kingdom.