Zain selling towers to TASC in three countries

Operator already planned to sell Saudi towers and follows up with fresh announcement for Iraq, Jordan and Bahrain

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Read this article to learn:

  • Where are the next three markets that Zain will monetise towers?
  • Market dynamics in each of these countries
  • What does it mean for the MENA telecom tower market?

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…

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