The deal will result in an expected net profit of up to US$290 million, which will be realised over the period of transferring ownership of the towers in batches to their new owners.
Founder and Editor, The Tech Capital
3 Mins
January 12, 2023 | 3:00 AM GMT
Mobile telecommunication company Zain Saudi Arabia (Zain KSA) (TADAWUL: 7030) has completed a deal to sell a stake in its tower infrastructure for more than SAR3 billion (US$805 million).
Founder and Editor, The Tech Capital
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