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Sunday, 12 March 2017

Kuwait's Zain in final stages of selling towers -vice chairman | Reuters

Kuwait's Zain in final stages of selling towers -vice chairman | Reuters:

"Kuwaiti telecommunications group Zain has reached the final stages of selling its mobile transmitter towers in the country, the company's vice chairman Bader Nasser al-Kharafi said on Sunday.

The company is awaiting approval from the telecommunications regulator, Kharafi said at a shareholder meeting. He did not give details of the planned sale.

Sources told Reuters in March last year that Zain was narrowing the field of potential bidders for its towers in Kuwait."



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