Saudi Telecom Co. (STC) and Etihad Etisalat Co. (Mobily) won on Sunday ten-year contracts to operate, maintain and interconnect Riyadh buses from Arriyadh Development Authority (ADA), Tarek Al-Fares, chief executive officer of ADA, said in a statement.
No further details were mentioned about the deal value.
Mobily will provide operation, maintenance and interconnectivity services for the project, while STC will operate, maintain and interconnect the smart traffic system in the same network, the statement added.
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