Thursday, 18 January 2018

Zain sells Kuwait towers for $165 million

By Mary Lennighan, Total Telecom
Wednesday 11 October 17

Telco brokers sale-and-leaseback deal with IHS, Towershare Management for 1,600-plus sites

Zain has agreed to sell its telecoms towers portfolio in Kuwait to infrastructure specialists IHS Holding and Towershare Management for US$165 million (€140 million). The deal will create a new towers business in Kuwait…

Zain has agreed to sell its telecoms towers portfolio in Kuwait to infrastructure specialists IHS Holding and Towershare Management for US$165 million (€140 million). The deal will create a new towers business in Kuwait…

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