Zain propose tower divestment in three markets

TowerXchange analyses tower markets in KSA, Kuwait and South Sudan and highlights prospective bidders

TowerXchange understands that Zain has commenced a process to divest towers in three countries: The Kingdom of Saudi Arabia, Kuwait and South Sudan. The deal was rumored  to encompass approximately 8,000 towers, but that count seems high given the number of towers Zain reportedly owns in the markets concerned. Depending on the balance of cash…

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