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Zain KSA, Mobily plan to offer both companies' towers to investors

2020-07-06 10:24:00| Telecompaper Headlines

(Telecompaper) Zain KSA has signed a Memorandum of Understanding (MoU) with Mobily to form a committee to draw up a request for proposal (RFP) to buy their telecoms towers, merge them into one company with other investors, or operate them on their behalf. The MoU aims to raise participation in telecom towers to maximise efficiency and improve the communication and information technology system under the supervision of the Communications and Information Technology Commission (CITC). [ more ]

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