Ooredoo and Mobile Telecommunications Company (Zain Group) have announced the signing of definitive agreements between Ooredoo Group, Zain Group, and TASC Towers Holding (TASC) to create the largest tower company in the Mena region in a cash and share deal.The enlarged tower company, comprising approximately 30,000 towers, has a combined estimated current enterprise value of $2.2bn. Ooredoo and Zain will equally retain a substantial stake of 49.3% each in the newly restructured entity, through
Bharti Hexacom: This year, the Department of Telecommunications (DoT) has asked the firm to deliver at least 11% revenue growth over the previous year, but the official is optimistic, and added that the entity was targeting internally to overachieve the numbers, and even pay nearly Rs 15 crores as a dividend to the government.
Investments in digital services, ICT to drive growth of GCC telecom firms muscatdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from muscatdaily.com Daily Mail and Mail on Sunday newspapers.
Telecom Namibia to build 500 telco towers over next five years datacenterdynamics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from datacenterdynamics.com Daily Mail and Mail on Sunday newspapers.