Monday, 10 December 2018

Mobily plots $2bn towers sale

By Nick Wood, Total Telecom
Tuesday 12 May 15

Saudi telco reportedly targeting international tower operators, private equity funds.

Mobily hopes to put its recent financial woes behind it by selling its cell tower portfolio for up to US$2 billion. Unnamed sources said in a Wall Street Journal report on Tuesday that the Saudi operator has sent letters inviting interest from international tower companies and private equity firms…

Mobily hopes to put its recent financial woes behind it by selling its cell tower portfolio for up to US$2 billion. Unnamed sources said in a Wall Street Journal report on Tuesday that the Saudi operator has sent letters inviting interest from international tower companies and private equity firms…

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