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Edarat Communication & Information Technology Co. (EDARAT) announces that it has signed a Data Center Colocation Services Agreement with SenseTime KSA Information Systems Technology.

EDARAT 9557 0.97% 239.00 2.30
Element List Explanation
Introduction Edarat Communication & Information Technology Co. (EDARAT) announces that it has signed a Data Center Colocation Services Agreement with SenseTime KSA Information Systems Technology.
Date of Announcement of the Award 2025-10-21 Corresponding to 1447-04-29
Contract Subject Matter Edarat Communication & Information Technology Co. (EDARAT) announces that it has signed a Data Center Colocation Services Agreement with SenseTime KSA Information Systems Technology.
The Entity with Which the Contract was Signed SenseTime KSA Information Systems Technology.
Date of Signing the Contract 2025-10-21 Corresponding to 1447-04-29
Contract Value 16,491,000 SAR (VAT included).
Contract Details Provision of colocation services.
Contract Duration Three (3) years.
Financial Impact and the Relevant Period The contract is expected to have a positive impact on the Company’s financial results starting from Q4 2025.
Related Parties N/A
Additional Information This is related to the announcement made on February 17, 2025, for the contract signature with BSF and AL Moammar Information Systems (MIS) to market and sell SAHAYEB retail colocation services to local and international clients.

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