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Saudi Telecom approaches bidders for tower assets

Connectivity BusinessbyConnectivity Business
July 12, 2016
in Investments, Space Services
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Incumbent Saudi Telecom (STC) has reportedly reached out to potential bidders as it considers options for its towers in the kingdom. The telco has also contacted its rivals Etisalat’s Mobily and Zain KSA about potentially combining their towers into a single entity. Saudi Telecom has not reached a conclusion on its preferred option. Incumbent Saudi Telecom (TASI:7010) has reportedly reached out to potential bidders as […]

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Tags: American TowerDigital BridgeEaton TowersHelios TowersIHS TowersMiddle EastMobilyPremiumProtelindoSBA CommunicationsSTC (Saudi Telecom Company)TF247TowershareZain Saudi Arabia
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