Whilst 99% of towers in the MENA region sit in the hands of the MNOs, efforts around infrastructure sharing are continuing to build, towercos and tower joint ventures are being formed and tower sales have begun. At such a pivotal time, TowerXchange examines the key stakeholders currently active in, or with a potential appetite to join, the MENA tower industry.
Abraaj Investment Fund: UAE investment fund in the process of acquiring a stake in Tunisie Telecom from Emirates International Telecommunications. The stake sale may precipitate the divestment of towers from Tunisie Telecom
Abu Dhabi Investment Authority: Investment fund which had formed a consortium with KKR, Canada Pension Plan Investment Board and GIC Singapore to buy a stake in a merged Bharti Infratel and Indus Towers deal, valued at ~US$11bn (the deal since having fallen through).
