Company Insights Zain Group Telecoms Zain Group News Banking and Finance Saudi PIF to consider bidding for Ooredoo’s tower unit Saudi Arabia’s Public Investment Fund (PIF) is weighing submitting the final bid for Qatari telecommunications firm Ooredoo’s network towers, Bloomberg reported, citing unnamed sources. American Tower Corporation, IHS Holding Limited and Helios Towers Plc are contemplating offers for all or part of the portfolio. Ooredoo’s tower assets, located in the Gulf and other markets, including Iraq […] November 8, 2022 Zain KSA seals transfer of its telecom towers to PIF-led group Mobile telecommunications company Zain KSA has transferred ownership of its unit Zain Business to Saudi Arabia’s Public Investment Fund, enabling the sale of its towers infrastructure. PIF has changed the unit’s name to Golden Lattice Investment Company (GLI), the telco said in a statement published on the Saudi exchange, or Tadawul. The sale of 8,069 […] October 17, 2022 Retail Omantel to invest $1.6bn from towers spinoff in growth projects State-owned Omantel, a subsidiary of Oman Investment Authority (OIA), will set up one of the largest regional telecom tower companies through the sale of telecom towers, Oman Daily Observer reported, citing CEO Talal Al Maamari. The operator announced the sale of its telecom towers in Oman in 2021, further expanding it to cover Zain-linked infrastructure […] October 2, 2022 Posts navigation Previous 1 … 3 4
Banking and Finance Saudi PIF to consider bidding for Ooredoo’s tower unit Saudi Arabia’s Public Investment Fund (PIF) is weighing submitting the final bid for Qatari telecommunications firm Ooredoo’s network towers, Bloomberg reported, citing unnamed sources. American Tower Corporation, IHS Holding Limited and Helios Towers Plc are contemplating offers for all or part of the portfolio. Ooredoo’s tower assets, located in the Gulf and other markets, including Iraq […] November 8, 2022
Zain KSA seals transfer of its telecom towers to PIF-led group Mobile telecommunications company Zain KSA has transferred ownership of its unit Zain Business to Saudi Arabia’s Public Investment Fund, enabling the sale of its towers infrastructure. PIF has changed the unit’s name to Golden Lattice Investment Company (GLI), the telco said in a statement published on the Saudi exchange, or Tadawul. The sale of 8,069 […] October 17, 2022
Retail Omantel to invest $1.6bn from towers spinoff in growth projects State-owned Omantel, a subsidiary of Oman Investment Authority (OIA), will set up one of the largest regional telecom tower companies through the sale of telecom towers, Oman Daily Observer reported, citing CEO Talal Al Maamari. The operator announced the sale of its telecom towers in Oman in 2021, further expanding it to cover Zain-linked infrastructure […] October 2, 2022
