2019 has been a vital year in the telecommunication sector in Saudi Arabia. The creation of an infrastructure player is a matter that the market has been working on for the past years, and that ended with the creation of one of the biggest towercos internationally –TAWAL, with more than 14,000 towers
that were carved-out from the incumbent operator Saudi Telecom Company (STC).
MNOs in Saudi Arabia have been contemplating the creation of a towerco for years, with potential additional tower transactions still in the pipeline
The three MNOs in the Saudi Arabian market, STC, Mobily and Zain, have been considering the selling or carve-out of their tower assets for the past several years.
