STC Group and PIF to create region’s largest telecom tower firm
PIF will hold a controlling stake of 53.99%, with STC retaining a significant 43.06% ownership.
PIF will hold a controlling stake of 53.99%, with STC retaining a significant 43.06% ownership.
The latest investment reflects STCs growth strategy and is part of the companys expansion plans.
TAWAL owns and operates more than 4,800 sites throughout Bulgaria, Croatia, and Slovenia, providing operation services to its new clients in these countries.
This agreement is part of several agreements signed recently by the Diplomatic Quarter General Authority for the development of the areas infrastructure and the provision of ICT services.