STC’s Tawal closes $1.33bn acquisition of telecom towers from Netherland’s United Group

[ad_1] 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…

STC’s Tawal to buy European towers from Netherland’s United Group in $1.3bn deal

[ad_1] Saudi Telecom Company has signed an agreement to acquire the Netherland-based United Group’s telecommunications tower assets in a deal worth €1.22 billion ($1.34 billion) through its infrastructure unit Tawal.…