Logo of Edarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co. secured a three-year framework contract with Digital Centers for Data and Communications (Center3) for the design and supervision of new data center projects.
In a Tadawul statement, the company said the contractual value exceeds 20% of the 2024 revenues.
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The contract, awarded today, July 6, is expected to have a positive impact on Edarat’s Q2 2025 financials, the company said.
According to Argaam data, Edarat’s annual revenues reached around SAR 104.6 million. Therefore, a 20% share is equal to nearly SAR 20.9 million.
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