Saudi’d stc Group & iBASIS sign MoU to develop IoT services

Saudi’d stc Group & iBASIS sign MoU to develop IoT services

Saudi Arabia’s stc Group, the leading digital enabler in MENA, has signed a Memorandum of Understanding (MoU) with iBASIS, the leading independent provider of communications solutions for operators and digital players worldwide. The MoU intends to further support the provision of a global communication experience through Internet of Things (IoT) technology in the region. Through […]Saudi Arabia’s stc Group, the leading digital enabler in MENA, has signed a Memorandum of Understanding (MoU) with iBASIS, the leading independent provider of communications solutions for operators and digital players worldwide.

The MoU intends to further support the provision of a global communication experience through Internet of Things (IoT) technology in the region.

Through this MoU, stc will benefit from iBASIS’s capabilities and leading position in the field of IoT, enabling developers of IoT technologies in Europe and America to expand their business in the MENA region.

According to the statement, “By elevating machine-to-machine (M2M) connectivity and enabling international Original Equipment Manufacturers (OEMs) to explore growth opportunities in the MENA region, this collaboration will facilitate the growth of IoT technologies, providing IoT developers with flexible communications services for rapid expansion; thereby contributing to economic growth and diversifying investment opportunities in the region.”

This partnership will drive innovation and