Zain and Ooredoo Complete First Closing of Regional Tower Transaction

On 22 October, Zain Group and Ooredoo announced the first closing of their regional tower transaction, combining approximately 4,000 towers from Zain Kuwait and Ooredoo Qatar under a platform jointly owned on a 50:50 basis. The companies did not disclose the transaction value in their announcement, so the tower portfolio should not be assigned an unverified price. Corporate-finance advisers, investors and telecommunications businesses can explore opportunities in transaction analysis, asset valuation and capital-efficiency planning. HPC can support financial modelling, investment dashboards and portfolio reporting; contact HPC for a quotation on relevant analytics services.