The Telecommunications Regulatory Authority (TRA) has issued a permit for North Star Company to provide Internet of Things services.
This type of permit is aimed at supporting innovation, promoting the digital economy and investment opportunities, and finding innovative solutions to raise the level of services.
In 2022, TRA issued a permit for Artificial Excellence Technologies to provide its services in this field, the only other company authorized to provide IoT services.
The organization of the Internet of Things (IoT) was announced in 2022 through the issuance of a regulation regulating the provision of Internet services issued by Resolution 93/2022 in May 2022.
The regulation included four chapters, which are definitions and general provisions, the licenses chapter, the obligations and rights of authorized persons, and the penalties chapter.
The IoT value chain covers devices, connectivity, big data, data analytics, and applications with multiple stakeholders.
Companies keen to operate in the sector can submit requests for licenses to provide Internet of Things (IoT) services.
The initial approval will be valid for 12 months to enable the applicant to establish the system for providing the service.