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STC prolongs agreement with Human for joint venture
Saudi Telecom Company (STC) announced the extension of the memorandum of understanding with Humain Artificial Intelligence for an additional six months, aimed at completing the necessary procedures to establish a joint venture through the Digital Centers for Data and Communications "Center 3." The extension, which commenced on June 18, 2026, is intended to fulfill regulatory, technical, and operational requirements, review commercial aspects, and make positive progress in related discussions. Currently, the extension has not resulted in any significant financial impact.
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