The operator said the deal will help it move to a CAPEX light model and focus investment on innovation and value-added services that enhance user experience.
Founder and Editor, The Tech Capital
2 Mins
February 17, 2022 | 3:50 AM GMT
Eng. Sultan Abdulaziz AlDeghaither, CEO of Zain KSA. Source: Zain KSA
Zain KSA’s Board of Directors has approved the final offers submitted by the Public Investment Fund (PIF), HRH Prince Saud Bin Fahad, and Sultan Holding Company to acquire 80% of Zain KSA’s tower infrastructure comprising of 8,069 towers, valuing these assets at SAR 3,026 million (US$807 million).
Founder and Editor, The Tech Capital
2 Mins|April 24, 2024
4 Mins|April 24, 2024
2 Mins|April 24, 2024
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