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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi PIF Considers Bidding for Qatar's Ooredoo Tower Unit

Public Investment Fund (PIF) is considering a final bid for Ooredoo network towers (QNA)

Saudi Arabia's Public Investment Fund (PIF) is considering a final bid for network towers sold by Qatari telecom firm Ooredoo.

According Bloomberg, informed sources said the PIF expressed its keenness to be among the suitors for the Qatari telecom and submit offers for the final purchase competing with American Tower Corp, IHS Holding, and Helios Towers.

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