Etihad Atheeb Telecommunication Co. (GO) signed an awarding contract with the University of Hail on June 22, according to a statement to Tadawul.
In a separate statement, the telco said it also signed an awarding contract with Madinah Municipality on June 30.
The positive financial impact of the contracts reflected on the company’s financials starting from Q2 2022 and will continue until the end of the contracts.
GO signed a series of contracts with government services and education entities to provide communications and information technology solutions. The contracts are worth SAR 202.1 million, including value-added tax (VAT), according to data available with Argaam.
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