Latest news with #Etihad Atheeb Telecommunication
Argaam
5 days ago
- Business
- Argaam
GO Telecom inks framework pact with Syrian communications ministry
Etihad Atheeb Telecommunication Co. (GO Telecom) signed today, July 24, a five-year framework agreement with Syria's Ministry of Communications and Technology. The project's total value is expected to reach SAR 1.96 billion, the telco said in a statement to Tadawul. The agreement aims to enhance Syria's digital infrastructure through two data centers, a cybersecurity hub, cloud and disaster recovery systems, and a tech platform to support digital transformation. GO Telecom will train and qualify a ministry-appointed team to manage the project, in line with the technical specifications and obligations outlined in the agreement. The financial mechanism will be executed through separate contracts with the funding entity, GO Telecom noted, adding that the impact cannot yet be assessed and updates will be provided in due course. The actual scope, value, and payment schedule will be determined through work orders added to the agreement later.
Argaam
7 days ago
- Business
- Argaam
GO Telecom announces operational start of its subsidiary
Etihad Atheeb Telecommunication Co. (GO) said its fully owned subsidiary Mawarid Almustaqbal for Human Resources Co. (GO Talent) began commercial operations today, July 22. In a statement on Tadawul, GO said the firm was established with SAR 25,000 in capital and is registered in Riyadh under CR No. 1009085847, dated Aug. 15, 2024. Mawarid Almustaqbal will provide integrated, specialized administrative services, in line with top industry standards and professional practices. The unit has already been included in GO's previously disclosed consolidated annual financial statements. The financial impact of its operations will appear in future results. GO said the launch aligns with its strategy to diversify income sources, boost operational efficiency, and expand into new markets to sustain long-term growth.
