Riyadh – Mubasher: Arabian Internet and Telecommunication Company (solutions) has inked SAR 201.338 million contracts with Saudi Telecom Company (stc) to support establishing a modern data centre in NEOM.

Under the contracts, NEOM will be provided with the data centre infrastructure, a cloud platform, and other application platforms such as artificial intelligence, big data, and internet services, according to a bourse filing on Sunday.

The project also includes designing and building digital solutions for NEOM Telco Park’s digital platform and data centre support, alongside data center campus enablement, system integration, infrastructure services, and physical security solutions.

The project will be delivered within one year starting from the contract signing date and will be provided with support services for three years.

The contracts' impact on the company's financials will be reflected from the fourth quarter (Q4) of 2021.