IHS Kuwait became operational in February 2020 after we completed the sale and lease back of up to 1,620 telecommunication towers from in Kuwait from Mobile Telecommunications Company K.S.C.P (Zain), Kuwait’s leading mobile telecommunications operator. We completed the first closing of 1,022 sites in February 2020.
The transaction, which creates the first independent tower operator of scale in the GCC region, also represents the first sale and leaseback of telecom towers in the Middle East by a licensed mobile operator.
Zain mobile telecommunication towers located in prime and strategic locations across Kuwait and this transaction will enable Zain to focus on its core business and customers while accelerating Zain’s investments in cutting edge telecom technologies to help meet growing mobile data demand.
Mohamed Nawar Atassi
IHS Kuwait WLL
Al Safat Tower, Floor 5
Hawally, Beirut Street
Al Safat 13062
Tel: +965 22675191