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Saudi Telecom considers phone-tower sale or merger with competitors' assets

( July 12, 2016, 11:39 GMT | Insight) -- Saudi Telecom has approached potential bidders for a sale of its tower portfolio, according to Bloomberg reports. The company's chief executive said in May that the company was seriously considering the sale of its infrastructure assets. Saudi Tel...Saudi Telecom has approached potential bidders for a sale of its tower portfolio, according to Bloomberg reports. The company's chief executive said in May that the company was seriously considering the sale of its infrastructure assets. Saudi Telecom is also reportedly in talks with rivals Etihad Etisalat and Zain Saudi Arabia over merging their towers into a single, joint entity....

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