Riyadh, August 27, 2023, The stc Group, a driving force behind digital transformation in the MENA area, declared that its subsidiary TAWAL has started conducting business in Europe. The announcement comes after the conclusion on April 25, 2023, of TAWAL's acquisition of United Group's telecom tower assets in Slovenia, Croatia, and Bulgaria as a part of the stc Group's expansion strategy. In order to serve its new customers in Bulgaria, Croatia, and Slovenia, TAWAL now owns and manages more than 4,800 locations throughout these nations. After TAWAL Pakistan launches in 2022, the most recent acquisition marks the second stage of TAWAL's expansion strategy. TAWAL already has more than 21,000 towers spread throughout five nations. TAWAL seeks to provide a dependable and effective ICT infrastructure network to all mobile network operators (MNOs) in these regions, leveraging the growth potential of the European market, particularly with regard to the roll-out of 5G and the adaptation of mobile services. TAWAL wants to expand its portfolio with major investments, best practices, and cutting-edge goods. The company will support the European markets by hastening the implementation of ICT infrastructure there by utilizing its expertise in managing essential and reliable infrastructure across KSA. Mohammed Alhakbani, CEO of TAWAL, stated: "We are excited to begin operations in Europe. This accomplishment marks a crucial turning point for TAWAL's plans to grow into additional significant markets. By helping our customers run more effectively, we hope to add even more value to the European markets by using our resources and best practices.
