STC and Cisco Sign Joint Marketing and Sales Agreement

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Companies to Strategically Collaborate To Offer Customers Enhanced and Differentiated Integrated Solutions

RIYADH, Kingdom of Saudi Arabia -- 12 April 2015: Cisco and the Saudi Telecom Company (STC) announced today that they have signed a joint Marketing and Sales Agreement to build a marketing, sales and business development taskforce to offer customers a differentiated set of integrated solutions that will deliver enhanced services.

The agreement was formalized at a meeting attended by STC Chairman Eng. Abdulaziz Alsugair, STC CEO Dr. Khaled Al Biyari and Cisco's Chairman and CEO, Mr. John Chambers at Mobile World Congress in Barcelona recently.

The agreement will cover five key focus areas to achieve joint growth and differentiation in the Saudi marketplace comprising Mega projects around Smart and Connected Cities (S+CC); Enterprise & Public Sector; Small and Medium Business; Cloud Services and an Innovation Hub to spearhead the latest technologies.

Highlights/Key Facts:

  • By strategically collaborating on joint market activities, STC and Cisco should be able to offer customers a differentiated set of integrated solutions that will deliver enhanced services.
  • The two companies plan to immediately work on a framework for building an Innovation Hub to co-develop and showcase latest state- of-the- art technologies.
  • As a Cisco Gold Certified Partner, STC meets the rigorous standards set by Cisco in networking competency, service, support and customer satisfaction. Cisco Gold Certification provides STC with access to comprehensive sales, technical, and lifecycle services training and support available from Cisco.

Executive Quotes:

Eng. Abdulaziz Alsugair Chairman, STC
"Our strategic partnership with Cisco is very important as improving our offering for our customers is always at the forefront of whatever we deliver. This joint Marketing and Sales agreement is yet another milestone in what has become a very successful collaboration between our two companies and we look forward to continuing to work closely with Cisco to help shape the future for our existing and potential new customers and partners."

Mr. John Chambers, Chairman and CEO, Cisco
"As more devices and people are connected on the network, businesses will need to continue to innovate and transform to meet the demands of their customers. Today business leaders in the Kingdom of Saudi Arabia, like STC, want partners who can guide them through change and help shape their organizations for the future. Our strategic partnership with STC is designed to achieve this goal. Over the next ten years, a major opportunity will be for companies to evolve their organizations to thrive in the new environment as we enter the era of the 'Internet of Everything' which is presenting a new level of opportunity for technology growth and innovation. Cisco is proud to be strategically collaborating with STC as they embark on this journey"

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About STC:

The Saudi Telecom Company (STC) is a leader in providing information and telecommunications services in the Kingdom of Saudi Arabia. The company is operating, and continuously responding to market requirements, keeping abreast of technology developments to meet the needs of its customers.
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