Saudi PIF and Saudi Telecommunication Company Form IoT Joint Venture
Posted on 03/31/2022
On March 30, 2022, Saudi Telecommunication Company (stc) signed a joint venture agreement with Saudi Arabia’s Public Investment Fund (PIF) to establish a limited liability company in the field of Internet of Things (IoT). The new company’s business is in line with the expected growth and increasing demand for IoT services and products. The new…
