STC Group CEO Eng. Saud Al Daweesh receiving the award
In recognition of its leadership in providing the best telecommunications services in the region and its international growth strategy, STC received two prestigious accolades for Best Mobile Operator of the Year and Best Growth Story of the Year at the TMT Finance & Investment Middle East Awards Ceremony at the Ritz Carlton, Dubai on May 9, 2011.
In addition, STC Group CEO Eng. Saud Al Daweesh, was honoured with a special achievement award for his outstanding contribution to telecommunications in the Middle East and Asia.
Thanking the TMT Awards committee, Eng. Al Daweesh said: “In accepting this award I pay tribute to all my colleagues who have played their part in making STC one of the world’s leading telecommunications companies. By teamwork, technological know-how, marketing expertise and customer focused strategy we have succeeded in taking STC beyond its national borders and are now serving an international customer base of 139 million in 10 countries.”
STC was a major participant among the 50 companies represented at the TMT Finance & Investment Middle East Conference, held at the Ritz Carlton, Dubai International Financial Centre on May 9-10, 2011. Eng. Al Daweesh delivered the Visionary keynote speech on the subject of The Growth Cycle.
The Mobile Operator of the Year Award recognizes that STC is the leading telecommunications provider in the region and its market position is consistently growing due to its superior expertise in mobile technology and the wide and comprehensive range of mobile products and services offered.
STC also clinched Best Growth Story of the Year for its operations in Indonesia under the brand Axis. Axis has doubled its revenues in 2010 and along with the other overseas investments constitutes 34% of STC’s turnover.