Forget everything you know about the MENA telecom tower market

In an unexpected announcement, two operators, Ooredoo and Zain, have announced a planned combination with TASC Towers to create a 30,000-strong towerco for the Middle East. Following the successful conclusion of the negotiation, the deal would need to pass the normal regulatory processes, no sure thing in MENA, and would become the 14^th largest towerco in the world, the 8^th largest multi-country towerco, and the 7^th largest operator-owned towerco globally. Read on to find out more.

Ooredoo Group have been evaluating a tower deal for some time as previously covered by TowerXchange, but the structure of this deal is unexpected.