logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Stc pacts with Telenor IoT to empower IoT in Saudi Arabia

Stc pacts with Telenor IoT to empower IoT in Saudi Arabia

NOHA.GAD
Feb 27, 2025
Stc pacts signed a framework agreement with Telenor IoT to empower IoT in Saudi Arabia

Riyadh - Sharikat Mubasher: Saudi Telecom Company (Stc) signed a framework agreement with Telenor IoT, one of the world’s major mobile operators, to provide management of IoT connectivity services in Saudi Arabia.

The agreement was signed during Capacity Middle East, a leading telecommunications conference in Dubai, a recent statement revealed.

This partnership will allow Telenor IoT customers, including truck, excavator, and passenger car manufacturers, to seamlessly manage IoT connectivity from Stc through Telenor IoT management interfaces.

Commenting on the partnership, Mats Lundquist, CEO of Telenor Connexion and Head of Telenor IoT, said: “This collaboration will enable us to support the growing demand for connected devices and services in the Middle East while empowering our customers with the flexibility and reliability they need to succeed in the global market.”

For his part, Mohammed Alabbadi, Group Chief Carrier and Wholesale Officer at Stc Group, commented: “By combining Telenor IoT’s capabilities in global IoT connectivity with Stc Group’s digital leadership and in-depth IoT expertise, we are unlocking new opportunities for innovation and accelerating IoT adoption and integration across key industries in the Kingdom.” 

Telenor IoT manages international IoT deployments for global customers in 200 countries and today operates more than 25 million connected devices to enterprises such as Volvo, Scania, Hitachi, Verisure, and Husqvarna.

Tags

Saudi Arabia
IoT connectivity
Share

Attract clients with your ad

Start Now

Trending

Saudi PMI plunges to 48.8, first contraction in over five years
MUBASHER.SA
PIF in talks to acquire anchor stake in SpaceX for $5bn
MUBASHER
Riyadh to host StartSmart Investment Forum this month
MUBASHER.SA
Saudi fintech lending to industrial sector surges 36% in 2025
MUBASHER.SA
Zetta Technologies, Riyadh Dynamics sign SAR 1.5 Bn deal to advance automation
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Apr 5, 2026
Saudi PMI plunges to 48.8, first contraction in over five years
Read More
Private Equities News
Calendar Icon
Apr 5, 2026
PIF in talks to acquire anchor stake in SpaceX for $5bn
Read More
Private Equities News
Calendar Icon
Apr 5, 2026
Riyadh to host StartSmart Investment Forum this month
Read More
Private Equities News
Calendar Icon
Apr 2, 2026
Saudi fintech lending to industrial sector surges 36% in 2025
Read More
Private Equities News
Calendar Icon
Apr 2, 2026
Zetta Technologies, Riyadh Dynamics sign SAR 1.5 Bn deal to advance automation
Read More
Private Equities News
Calendar Icon
Apr 2, 2026
Farid Academy receives Egypt’s official ‘Startup Label’
Read More
Private Equities News
Calendar Icon
Apr 1, 2026
Sharjah Innovation Park unveils AI Hub to accelerate AI adoption
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher