Ooredoo, Zain and TASC Towers Create the Largest Tower Company in the MENA Region Valued at USD 2.2 Billion

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• Acquisition and merger of close to 30,000 strong tower asset expected to create significant value, capital efficiencies and empower MENA’s digital future

• Operating model will provide passive infrastructure as a service, supporting the reduction of MENA’s carbon footprint

• Transformative deal places the MENA region on the world telecom tower map

• Combined markets of Qatar, Kuwait, Jordan, lraq, Algeria and Tunisia expected to achieve a run-rate revenue of USD 500 million annually

 

Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker: ORDS and Mobile Telecommunications Company K.S.P.

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