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Etihad Atheeb Telecommunication Co. announces signing a Memorandum of Understanding with aramco digital Co. to collaborate on 5G technologies

7040
GO TELECOM
-2.29 %
1445/08/25     06/03/2024 07:42:49

Element ListExplanation
Introduction Etihad Atheeb Telecommunications Co. (GO), announces the signing of a memorandum of understanding with aramco digital Co. to collaborate on 5G technologies
Memorandum Signing Date 2024-03-05 Corresponding to 1445-08-24
Counterparty aramco digital Co.
Memorandum Subject The Memorandum of Understanding aims to cooperate in Collaboration on open RAN deployment for 5G and Collaboration on Private 5G industrial use cases
Memorandum Duration 3 Years from memorandum signing date.
Related Parties None
Financial Impact The financial impact of this announcement cannot be determined at this stage. The latest developments in this regard will be announced at the appropriate time.
Additional Information The memorandum of understanding aims to consolidate the relationship between Etihad Atheeb Communications Co. (GO) and aramco digital Co. and advance it to higher levels.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 98.3
Net Change -2.3 (-2.29%)
Value Traded (Sar) 43,684,714.7
Volume Traded 433,299
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