Kuwaiti "Zain" signs an agreement to sell towers at 40 million dinarsVisits : 17

Kuwaiti

Mobile Telecommunications Company (Zain) has announced the signing of an agreement with IHS Holding Company Limited, to sell "Zain" towers, with a total value of approximately 40 million dinars (130 million dollars).

Zain said in a statement to the Kuwaiti Stock Exchange today, Wednesday, that the number of towers that will be sold amounts to 1620, indicating that it will maintain a 30 percent stake in the new towers company.

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