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Saudi Telecom Company has completed its €1.22 billion ($1.33 billion) acquisition of Netherland-based United Group's telecommunications tower assets. The deal executed through STC's infrastructure unit Tawal, was formally completed on August 24, the company said on Sunday in a statement to the Tadawul stock exchange, where its shares are ...

TAWAL, a leading Telecom infrastructure company in Saudi Arabia has now officially started its operations in Pakistan. The company with 15,500 towers and acquired AWAL Telecom with all its ...

TAWAL, a dominant force in Saudi ICT infrastructure, provides state-of-the-art solutions to strengthen the expanding ecosystem of electric vehicle charging.

Arab News. Tawal, a leading integrated ICT infrastructure provider in the Kingdom, has launched fiber to the tower and coverage as a service as new products, adding to the company's innovative ...

TAWAL's core activities involve designing, building, and managing consolidated ICT infrastructure facilities that enable state of the art and modular connectivity. We own and manage the passive infrastructure of our towers and lease spaces to telecom companies, in addition to government and private sectors.

TAWAL's role starts here — in creating the fundamental and foundational ICT building blocks that enable the exchange of data and information. As the first tower company in the Kingdom of Saudi Arabia, TAWAL designs, builds and operates state of the art telecom infrastructure.

Tawal, the tower unit of Saudi Telecom, has agreed a $1.34 billion deal to buy United Group's telecommunications tower assets across Europe. The deal will add more than 4,800 towers in Bulgaria, Croatia, and Slovenia to Tawal's portfolio of over 16,000 towers in the region. The deal is part of Tawal's expansion plans in the continent and its ambitious growth strategy.

As per the MoU, Dell and Tawal will engage in exploring and harnessing opportunities in edge computing and building use cases tailored to specific industry verticals in Saudi Arabia, it stated.

Tawal owns and operates about 45 percent of the 35,000 telecom towers in Saudi Arabia. It plans to build 200 new towers annually and use renewable energy solutions for its network.

Saudi Arabia's TAWAL raised $1.42 billion in Islamic financing to fund the acquisition of the mobile telecommunications infrastructure unit of United Group in Bulgaria, Croatia and Slovenia, parent Saudi Telecom Company (STC) said on Sunday.





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