‎solutions signs SAR 132.4M contract with stc

‎solutions signs SAR 132.4M contract with stc ‎solutions signs SAR 132.4M contract with stc

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The three-year contract includes the supply, design, and installation of related hardware, systems, and technical solutions

Arabian Internet and Communications Services Co. (solutions) said it signed a SAR 132.4 million contract with stc on April 20 to design, equip, and upgrade digital infrastructure for a data center network supporting cloud services, according to a statement to Tadawul.

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The three-year contract includes the supply, design, and installation of related hardware, systems, and technical solutions.

The financial impact is expected to begin in the fourth quarter of 2026.

solutions noted that stc, a related party, is its largest shareholder, with a 79% stake.

 

The three-year contract includes the supply, design, and installation of related hardware, systems, and technical solutions

Arabian Internet and Communications Services Co. (solutions) said it signed a SAR 132.4 million contract with stc on April 20 to design, equip, and upgrade digital infrastructure for a data center network supporting cloud services, according to a statement to Tadawul.

The three-year contract includes the supply, design, and installation of related hardware, systems, and technical solutions.

The financial impact is expected to begin in the fourth quarter of 2026.

solutions noted that stc, a related party, is its largest shareholder, with a 79% stake.

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