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Edarat Communication and Information Technology Co. (Edarat) announces that it has received a Letter of Award from Etihad Etisalat Company (Mobily).

EDARAT 9557 0.00% 250.00 0.00
Element List Explanation
Introduction Edarat Communication and Information Technology Co. (Edarat) announces that it has received a Letter of Award from Etihad Etisalat Company (Mobily) to provide data center colocation services.
Date of the Award 2025-11-12 Corresponding to 1447-05-21
Counterparty Etihad Etisalat Company (Mobily).
Contract Value SAR 18,048,100 (VAT included) for 1 year.
Expected Date for Signing the Contract 2025-11-12 Corresponding to 1447-05-21
Contract Details Provision of colocation services.
Related Parties N/A
Additional Information The awarded contract is expected to have an impact on the company’s financial statements starting from Q4 2025, in addition to an extension option for an additional period of four (4) years with a total value of SAR 59,564,685(VAT inclusive).

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