Read this article to learn:
- What assets are for sale
- Is there a glass ceiling on potential tenancy ratios in KSA and Kuwait?
- Benchmarks for valuing these assets
- Prospective buyers
- Could one acquirer consolidate both the Zain and Mobily portfolios?
Multiple sources have now confirmed the commencement of tower sale processes by Zain (in the Kingdom of Saudi Arabia – KSA – and in Kuwait) and by Mobily (Etisalat’s opco in KSA), totaling almost 16,000 towers. While we’ve seen tower sale processes start and stop before in the Middle East, the many people TowerXchange have…