Day: July 20, 2026

PIF’s TAWAL in talks over multibillion-dollar telco towers dealPIF’s TAWAL in talks over multibillion-dollar telco towers deal

The Scoop TAWAL, the telecom tower company controlled by Saudi Arabia’s sovereign wealth fund, is in talks to acquire more than 10,000 sites from the kingdom’s second-largest mobile operator, according to people familiar with the matter. The multibillion-dollar deal would involve Public Investment Fund-backed TAWAL buying the assets from Mobily, ...