Saudi Arabia's Solutions Wins SAR190 Million Managed SMS Contract from STC Bank

09:22 AM EDT, 10/06/2026 (MT Newswires) -- Arabian Internet and Communication Services Co (SASE:7202), d/b/a solutions, secured a two-year, 190 million-Saudi-riyal contract from STC Bank to provide managed SMS services. The Saudi Arabian information and communication technology services company said Tuesday that the deal's financial impact will be reflected in its fourth-quarter financial statements. Saudi Telecom Co (SASE:7010), d/b/a stc, holds a 79% stake in solutions and 92.3% of STC Bank.