The new company will be the owner of the digital infrastructure assets owned by the stc group, including data centers, submarine cables, international points of presence, and internet exchange points.
The inauguration took place in the presence of Prince Mohammad bin Khalid Al Abdullah Al-Faisal, Chairman of the Board of Directors of stc Group, Minister of Communications and Information Technology Eng. Abdullah bin Amer Alswaha, and a number of excellencies and senior executives of stc Group.
The Center3 will be a group of carrier-neutral data centers and a provider of international communication for the telecommunications sector through a submarine fiber-optic network. It aims to develop digital businesses and enhance investment opportunities in international communication services and data centers by providing the latest communication and hosting technologies and raising the capacity of data centers to meet the needs of the markets across Asia, Europe, Africa, and the rest of the world.
“The stc Group launched Center3 to enhance the digital system, which in turn will contribute to enhancing the Kingdom’s position as a regional digital hub. This launch is in line with our strategy to expand the scope and markets to achieve digital empowerment”, said Eng. Olayan Alwetaid, stc Group CEO.
“At Center3, we aim to build an integrated ecosystem of cables and data centers that seeks to attract Hyper-scalers, big data, and local and international service providers”, said Center3 CEO Fahad Alhajeri.
“Center3 will provide data center services, international communication and Internet exchange services through its assets. We will work to achieve the company’s vision of making the Kingdom the main digital hub connecting the three continents Asia, Europe, and Africa, in addition to leading the largest share of Internet exchange and data traffic in the region”, added Alhajeri.
With the launch of Center3, stc Group would have completed the digital system pursuit by launching a number of companies in the fields of cybersecurity, artificial intelligence, cloud computing, Internet of Things and digital infrastructure.
Through the transformation of business environments and the local community to be digitally connected in order to achieve digital economy and progress, this will help Saudi Arabia’s digital industry become a leading industrial power and a global logistics center, as well as the development of the local industrial sector, which puts Saudi Arabia at the forefront of global countries.
