What's happening in MENA towers?
A quick recap of tower activity in MENA
Towercos have made significant progress in expansion across the region over the last few years, both in organic growth through new builds as well as M&A. Leading this drive has been the news seeing Ooredoo, Zain and TASC announce an acquisition that will propel TASC Towers to become the 14th largest towerco in the world, and the 7th largest operator-owned towerco globally.
Ooredoo has been evaluating a tower deal for over a year and has announced a rather unique structure to the deal, with a planned combination of tower infrastructure between Zain, TASC Towers and Ooredoo to form a towerco with around 30,000 sites.