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STC prolongs partnership with Human for six-month joint venture
Saudi Telecom Company (STC) announced the extension of the memorandum of understanding signed with Humain AI (HUMAIN) for an additional six months, aimed at completing the necessary procedures to establish a joint venture through Digital Centers for Data and Communications "Center 3." The extension began on June 18, 2026, and includes finalizing regulatory, technical, and operational requirements. The company also stated that both sides have made progress in discussing the commercial and operational aspects of the project. Furthermore, it confirmed that the extension reflects the importance and strategic significance of the project, and currently, there is no material financial impact.
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