العربية
stc
Annual Report
Transaction

Transactions with

subsidiaries

# Name of Related Party Type of Related Party Contract/Agreement Duration Value (Thousands of Riyals)
1 SOLUTIONS stc subsidiary Oracle software licenses renewal. 36 months 195,000
2 SOLUTIONS stc subsidiary Establishing and developing the internet and communications networks for stc based on the scope of work between the two parties, includes the following:
- Expansion of internal internet network.
- Expansion of internet services projects, that serves the business units of stc, in order to meet the requirements of the growing business sectors with regard to the corporate, individual, and other operators sectors.
24 months 298,085
3 SOLUTIONS stc subsidiary Supply and install servers and data storage centers,, in addition to providing software licenses provide managed service for design and implementation for a number of services owned by stc. 36 months 372,921
4 SOLUTIONS stc subsidiary Bulk SMS service (normal and gold) through the Short Message Service Center (SMSC). 12 months 138,000

In addition to the above