The Master Frame Agreement (MFA) is intended to accelerate progress to deliver Saudi Arabia’s Vision 2030 plan
Saudi Arabia’s stc Group signed a new, five-year Master Frame Agreement (MFA) with Ericsson to advance the country’s digital infrastructure and boost the adoption of technology. stc Group is 62% owned by the Public Investment Fund, which is Saudi Arabia’s sovereign wealth fund. The remaining shares are publicly traded on the Saudi Exchange (Tadawul).
The deal will include deployment of Ericsson’s offerings including: 5G hardware and software, cloud-native solutions, managed services and infrastructure and network support, covering third-party product components.
stc Group and Ericsson have long been partners: Ericsson deployed of one of the Kingdom’s first 5G networks in 2019. Under the MFA, stc will expand 5G rollout including 5G Standalone, 5G Advanced, Massive MIMO, Ericsson Radio System products, cloud-native platforms and network management solutions. Ericsson’s Managed Services will optimise network performance.
Abdullah M. Alowini, Supply Chain VP at stc Group, says: “This long-term agreement with Ericsson reinforces stc’s commitment to driving digital transformation and innovation in Saudi Arabia. By leveraging advanced technologies, we aim to deliver cutting-edge connectivity that empowers our customers, accelerates enterprise innovation, and supports the Kingdom’s ambition to build a globally competitive digital economy.”
According to Ericsson, “The strengthened partnership scope aligns with stc Group’s long-term strategic vision, including 6G readiness and cognitive self-optimizing networks. It also reinforces stc’s role in advancing national priorities around digital infrastructure, public safety networks, and digital inclusion to increase national, regional and global competitiveness.”
