Telecommunications
stc Group (Saudi Telecom Company)
Saudi Arabia's largest telecommunications and digital services company, spending roughly SAR 12-14 billion annually on 5G, fiber, and data center capital expenditure. Through subsidiary Center3, stc formed a joint venture with PIF-owned HUMAIN (Humain holding 51%, stc 49%) to build up to 1 gigawatt of AI data center capacity in Saudi Arabia, extending the original agreement in mid-2026 to finalize regulatory, operational, and commercial terms.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
1 source · 64% avg. source confidence
- Fast Company Middle East / AGBI — stc and HUMAIN extend deal to build up to 1GW of AI data centers64% source confidence
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The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
stc Group (Saudi Telecom Company)'s Timeline
A sourced, dated history of stc Group (Saudi Telecom Company)'s key moments — founding to present.
Dec 2025 · Center3/HUMAIN joint venture signed
stc's subsidiary Center3 signed an initial agreement with PIF-owned HUMAIN to jointly develop AI data centers in Saudi Arabia, targeting an initial 250-megawatt phase scaling to 1 gigawatt.
Jul 2026 · Joint venture agreement extended
stc and HUMAIN extended their Center3 AI data center joint venture agreement to allow additional time to finalize regulatory, operational, and commercial requirements ahead of formally closing the venture.