Ooredoo, Zain and TASC Towers Holding Enter Exclusive Negotiations to Create an Independent Tower Company Comprising up to 30,000 Towers

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Independent operating model will enhance shareholder value, and enhance the operational and carbon efficiency of passive tower infrastructure supporting the reduction of MENA’s carbon footprint
 
Doha, Qatar; Kuwait City, Kuwait; Dubai, UAE; 25 July 2023: 
 
Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker: ORDS announced that Ooredoo Group has entered exclusive negotiations with Mobile Telecommunications Company K.S.C.P. (Zain Group) and UAE based TASC Towers Holding to combine their approximately 30,000 telecommunication tower assets in Qatar, Kuwait, Algeria, Tunisia, Iraq and Jordan into a jointly owned independe

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