Stc group, the engine of digital transformation in the MENA region, announced that its subsidiary Tawal has officially commenced operations in Europe.
The announcement followed the completion of TAWAL’s acquisition of United Group’s telecommunications towers in Bulgaria, Croatia, and Slovenia on April 25, 2023, as part of stc group’s strategy for expansion and growth, and after obtaining all necessary approvals from relevant regulatory organizations.
TAWAL now owns and operates over 4,800 locations in Bulgaria, Croatia, and Slovenia, providing operational services to its new clients in these countries. This acquisition represents the second step in Tawal’s expansion plan following the launch of TAWAL Pakistan in 2022. Tawal’s total tower portfolio now exceeds 21,000 towers across five countries.
– We are excited to have launched our operations in Europe. This achievement marks an important milestone for Tawal to expand its footprint into other significant markets. By leveraging our resources and best practices, our goal is to bring even greater value to European markets by enabling our clients to operate more efficiently – said Mohammed Alhakbani, CEO of Tawal.
By capitalizing on the growth potential of the European market, particularly regarding the rollout of 5G technology and the adaptation of mobile services, TAWAL aims to provide a reliable and efficient ICT infrastructure network to all mobile network operators in these markets. TAWAL aims to bring significant investments, best processes and practices, as well as innovative products into its portfolio. The company will leverage its expertise in managing critical and robust infrastructure across Saudi Arabia to strengthen European markets by accelerating the deployment of ICT infrastructure in those markets.
