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stc, PIF sign deal to create Saudi tower giant

The combined new entity will be owned 54% by PIF and 43.1% by stc Group The Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, and Saudi telecom group stc announced the signing of definitive agreements whereby PIF will acquire a 51% stake...

Nokia secures new 5G deals in Saudi Arabia

Nokia said that it is expanding its strategic 5G partnership with Zain KSA to include a roll out of 60,000 5G Gateway 3.1 with eSIM across Saudi Arabia over the next 12 months. The gateways will deliver better connectivity and ultra-high data speeds to homes...