Hot on the heels of an announcement that their Saudi Arabia towers were being sold to the Saudi Arabian Public Investment Fund (PIF), multi-country operator Zain have disclosed that further tower sales are on the cards in Iraq, Bahrain and Jordan.
While reporting their Q3 results to investors Zain point towards receiving a US$807m non-binding offer from PIF. You can read all about that deal here.
Other key events highlighted in the towerco section include a tower transaction close to finalisation in Jordan, that is expected to complete in Q4 2021, and a tower transaction in Iraq that is in process and expected in Q2 2022.
