Bezeq Signs Non-Binding Deal With Adgar for Joint Data Center in Petah Tikva

• Bezeq signed a non-binding memorandum of understanding with Adgar Investments and Development for a joint data center project.
• The carrier-neutral facility in Petah Tikva will have at least 16 MW capacity, with revenues, expenses and investments shared equally.
• Each partner expects to invest approximately NIS 200-250 million over 2027-2028.
• Commercial operations are expected to begin in 2028; the venture's initial term will be 24 years and 11 months.
• As occupancy increases, projected annual group revenue is NIS 50-80 million, with EBITDA of NIS 25-40 million.

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