| Element List | Explanation |
|---|---|
| Introduction | Arabian Internet and Communications Services Company (solutions) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party) to design, provisioning, tech refreshing, and modernization of the new and existing digital infrastructure for the cloud services data center network. |
| Date of Announcement of the Award | 2026-04-20 Corresponding to 1447-11-03 |
| Contract Subject Matter | Design, provisioning, tech refreshing, and modernization of the new and existing digital infrastructure for the cloud services data center network. |
| The Entity with Which the Contract was Signed | Saudi Telecom Company (stc) |
| Date of Signing the Contract | 2026-04-20 Corresponding to 1447-11-03 |
| Contract Value | SAR 132,438,449.61 |
| Contract Details | • Design, provisioning, tech refreshing, and modernization of the new and existing digital infrastructure for the cloud services data center network. • Supply, design, and installation of the associated equipment, systems, and technical solutions. |
| Contract Duration | 3 years |
| Financial Impact and the Relevant Period | The financial impact on the company's financial statements will appear starting from the 4th quarter of the year 2026. |
| Related Parties | stc which considered the largest shareholder with an ownership of 79% of solutions shares. |
