Edarat won a one-year contract worth SAR 18.05 million (including VAT) from Mobily.
Edarat Communication and Information Technology Co. (Edarat) said it received a letter of award on Nov. 12 from Etihad Etisalat Co. (Mobily) to provide colocation services for data centers.
In a statement to Tadawul, Edarat said the one-year contract is valued at SAR 18.05 million (including VAT) and includes an option to extend for an additional four years, bringing the total potential value to SAR 59.6 million (including VAT).
The financial impact of the contract is expected to appear starting from Q4 2025.
Be the first to comment
Comments Analysis: