Ooredoo and Zain Finalize Initial Closing of Regional Tower Deal
Ooredoo and Zain Group have completed the first closing of their major regional telecom tower transaction involving over 4,000 tower sites across the Gulf.
Doha-based telecommunications giant Ooredoo and Kuwait's Zain Group have completed the first operational closing of their major independent regional tower transaction, transferring an initial portfolio comprising more than 4,000 towers across key markets in the Middle East and Gulf region.
The strategic transaction, which establishes the largest independent telecom tower company in the Middle East and North Africa, aims to optimize passive network infrastructure, reduce operational expenditure, and significantly accelerate digital connectivity and rollout speeds for next-generation networks.
According to official statements, the transaction allows both operators to focus their capital deployment on high-value digital services, customer experience enhancements, and active network upgrades, while centralizing operational efficiencies for telecommunications infrastructure across regional markets.
Industry analysts note that this landmark deal represents a structural evolution in the Gulf Cooperation Council telecommunications sector, mirroring global trends that separate passive network assets from operating companies to enhance shareholder value and improve infrastructure efficiency.
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