STC Develops Performance Indicators to Enhance Service Quality

STC Develops Performance Indicators to Enhance Service Quality
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STC Develops Performance Indicators to Enhance Service Quality

STC Develops Performance Indicators to Enhance Service Quality

Saudi Telecom Company (STC) is working to improve the quality of telecommunications services in the country, after announcing yesterday that it has issued a new update to regulate the quality of service provided by licensed telecommunications service providers.

STC revealed Thursday that the new update includes organizing the standards and key performance indicators of landline and mobile telecommunication services in addition to advanced internet services for end users.

In this regard, Saudi Arabia Communications and Information Technology Commission clarified that the new update will become applicable starting the fourth quarter of 2018.

"This aims at developing ICT services, providing high quality communication services to subscribers and enhancing transparency among subscribers through the dissemination of benchmark data for service providers and guaranteeing a minimum quality of telecommunications services to subscribers; which is a key element in stimulating digital transformation to achieve the objectives of the National Transition 2020 Program, Kingdom Vision 2030 ».

Regarding the mobile telecommunication services, the latest STC report revealed that the number of mobile services users reached by the end of last year around 40 million subscribers, while the prepaid subscriptions reached around 74.8 percent. The report noted that the number of landlines reached 3.6 million by the end of last year.



G7 Agrees to Avoid Higher Taxes for US Companies

US President Donald Trump speaks during a meeting in the Oval Office at the White House in Washington D.C., June 27, 2025. REUTERS/Ken Cedeno
US President Donald Trump speaks during a meeting in the Oval Office at the White House in Washington D.C., June 27, 2025. REUTERS/Ken Cedeno
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G7 Agrees to Avoid Higher Taxes for US Companies

US President Donald Trump speaks during a meeting in the Oval Office at the White House in Washington D.C., June 27, 2025. REUTERS/Ken Cedeno
US President Donald Trump speaks during a meeting in the Oval Office at the White House in Washington D.C., June 27, 2025. REUTERS/Ken Cedeno

The United States and the Group of Seven nations have agreed to support a proposal that would exempt US companies from some components of an existing global agreement, the G7 said in a statement on Saturday.

The group has created a 'side-by-side' system in response to the US administration agreeing to scrap the Section 899 retaliatory tax proposal from President Donald Trump's tax and spending bill, it said in a statement from Canada, the head of the rolling G7 presidency.

The G7 said the plan recognizes existing US minimum tax laws and aims to bring more stability to the international tax system.

G7 officials said that they look forward to discussing a solution that is "acceptable and implementable to all."

In January, through an executive order, Trump declared that the global corporate minimum tax deal was not applicable in the US, effectively pulling out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.

He had also vowed to impose a retaliatory tax against countries that impose taxes on US firms under the 2021 global tax agreement.

This tax was considered detrimental to many foreign companies operating in the US.