ZAIN
ZAIN
-0.81%
491.00
-4.00
ZAIN
The mobile telecommunications company Zain Group has denied the news spreading in global news agencies which claims that Zain may sell transmitter towers.
News agencies have announced yesterday that Zain would sell 8,000 transmitted towers owned in Kuwait and Saudi Arabia, with a total amount reaching $2 billion. Additionally, it was claimed that Zain would re-rent such towers.
The agencies added that Zain Group had hired Citigroup to help in the business process.
Source:
Mubasher