TELECOM · COMPANY

stc Group

A Saudi telecom group; holds 75% of the SilkLink joint venture.

Telecom Index 4 sourced indicators of 15

International partner

Ownership
Saudi listed company
Technology
No data
Spectrum
No data
Launch date
No data
Subscribers
No data
Coverage
No data
Investment
No data
Sources

Sources

Saudi Press Agency · 7 February 2026

Confidence: Official · Last updated: 11 August 2026

Methodology & sources

Projects

Developments

  1. Investment

    SilkLink implementation agreement signed with stc Group

    A joint venture 75% stc Group and 25% Syrian Sovereign Fund, to build more than 4,500 km of fibre and a submarine cable landing station at Tartus.

    Saudi Press Agency Sourced

  2. Investment

    Five Saudi–Syrian agreements worth more than USD 5.3bn, SilkLink among them

    SilkLink was signed inside a package spanning aviation, telecoms, infrastructure and water desalination. This is the frame the sector's financing sits in: telecom is a line in a larger package, not a standalone deal.

    Saudi Press Agency Sourced

Sources on this page

  1. stc — Tadawul disclosure, 8 February 2026 Official · 8 February 2026 · Last updated 11 August 2026
  2. Saudi Press Agency Official · 7 February 2026 · Last updated 11 August 2026
  3. Ministry of Communications and Information Technology Official · 1 May 2025 · Last updated 11 August 2026