Kuwait Telecommunications Co KSCP 2023 AR2
The report highlights Kuwait Telecommunications Company's (stc) robust performance in 2023, marking its 15th anniversary with record revenues of KD 351.4 million and a customer base of 2.3 million. The company successfully implemented the first year of its 'LEAD' corporate strategy for 2023-2025, focusing on digital transformation, ICT expansion, and sustainability. Key achievements include the launch of the first Group Sustainability Report, establishing a dedicated sustainability department, and achieving a 63.4% Kuwaitization rate. Additionally, stc was officially added to the Premier Market Watch list at Boursa Kuwait and received multiple awards for its 5G and 5.5G advancements.
Company: Kuwait Telecommunications Co KSCP
Sector: Communication Services
Country: Kuwait
Year: 2023
Type: AR2
Pages: 99
Kuwait Telecommunications Co KSCP
Annual Report
The report highlights Kuwait Telecommunications Company's (stc) robust performance in 2023, marking its 15th anniversary with record revenues of KD 351.4 million and a customer base of 2.3 million. The company successfully implemented the first year of its 'LEAD' corporate strategy for 2023-2025, focusing on digital transformation, ICT expansion, and sustainability. Key achievements include the launch of the first Group Sustainability Report, establishing a dedicated sustainability department, and achieving a 63.4% Kuwaitization rate. Additionally, stc was officially added to the Premier Market Watch list at Boursa Kuwait and received multiple awards for its 5G and 5.5G advancements.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees