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

Bitget2026/11/05 09:28

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bezeq The Israel Telecommunication Corporation Ltd. published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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

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