Mohammed Al-Tamimi, governor of Saudi Arabia's Communications and Information Technology Commission (CITC) handed over the license for Internet of Things Virtual Network Operator (IoT-VNO) to Dawiyat Integrated Telecommunications & Information Technology Co. and MachinesTalk Co., on the sidelines of the 3rd Saudi International Exhibition & Conference for Internet of Things in Riyadh on March 8-10, 2020.
The license allows leasing or acquiring the data bandwidth from the mobile telecom operator on a whole sale basis from the infrastructure service provider, with no need for frequency spectrum or wireless networks, according to a CITC statement.
The statement added that the license will enable companies to offer IoT services, as well other services including smart meters services within the power grid, and IoT solutions in transport, logistics services, and smart cities.
It also noted that it will help service providers adopt top-notch global technologies, upgrade the telecommunications market and lure investments.
In 2018, the Saudi telecom regulator offered licenses for IoT-VNO services for public and private service providers, Argaam reported.
Source: https://www.argaam.com/en/article/articledetail/id/1354743