RIYADH: A new partnership between Arabian Internet and Communications Services Company (solutions) and Digital Centers for Data and Telecommunications Company (Center3) will see the creation of cutting-edge data center infrastructure in the Middle East.
Arabian Internet and Communications Services, a leading ICT service provider, and Center3, a subsidiary of Saudi Telecom Company (stc), have signed a framework agreement worth up to SAR 150 million to design and build data center halls (PODs) and meet me rooms (MMRs).
The agreement covers the supply, design, and installation of various elements of the data center infrastructure, such as cabinets, cabling, doors, management systems, networks, and security devices.
The contract is expected to boost the financial performance of both solutions and Center3, starting from the second quarter of 2024.
stc, which owns 79% of solutions shares and 100% of Center3 shares, will also gain from the deal, as it will strengthen its role as a pioneer in the digital transformation sector in the region.