Redington announced that Arena Connect Teknoloji Sanayi ve Ticaret A.Ş., its step-down subsidiary, has entered into a definitive agreement on September 19, 2025, with Datagate Bilgisayar Malzemeleri Ticaret A.Ş. The agreement involves the assignment of a Device Distribution and Supply Agreement with Vodafone Dağıtım, Servis ve İçerik Hizmetleri A.Ş. The deal, effective from October 1, 2025, is valued at approximately USD 8 million.
Agreement Overview
Arena Connect Teknoloji Sanayi ve Ticaret A.Ş., a step-down subsidiary of Redington, has finalized an agreement regarding device distribution. The agreement was made with Datagate Bilgisayar Malzemeleri Ticaret A.Ş. on September 19, 2025.
Deal Details
The agreement involves the assignment of a Device Distribution and Supply Agreement with Vodafone Dağıtım, Servis ve İçerik Hizmetleri A.Ş. The deal is expected to take effect on October 1, 2025. The value of this agreement is approximately USD 8 million.
Financial Impact
As of March 31, 2025, the revenue was approximately USD 420.40 Mn, constituting 3.6% of consolidated annual revenue. This deal is not with a related party.
Source: BSE
