Nicosia, Aug 30: Ericsson, which is the worlds leading provider of services and technology to telecom operations, has been awarded a contract worth 85 million dollar to supply, build, integrate, operate and manage multi-play communications infrastructure for Saudi Arabia’s high-tech flagship city, the King Abdullah Economic city (KAEC).
When the project is completed, King Abdullah Economic City, near Jeddah, will be the world’s truly smart city.