Zain’s plan to sell its Saudi towers

Can Zain’s new buyers close on its 8,000+ towers and create a challenger to TAWAL in MENA’s biggest market?

Read this article to learn:

  • Who is buying Zain’s towers
  • The history of Saudi Arabia’s tower market
  • The state of play in Saudi Arabia
  • Future impacts on the Saudi market

Zain KSA has approved non-binding offers from the Public Investment Fund (PIF), Prince Saud Bin Fahad, and Sultan Holding Company, to acquire stakes in the Zain KSA’s telecom towers, which are valued at SR3.026 billion (US$807mn) for 8,069 towers. The deal is not the first announcement regarding the fate of Zain’s towers. Back in 2016 Zain agreed a…

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