Salam gets CITC's nod on selling fiber-optic assets to TLS

The Communications and Information Technology Commission (CITC) approved the request received from Integrated Telecom Co. (Salam) to sell all its fiber-optic assets to Technical Links Services Co. (TLS). 

TLS is licensed to provide infrastructure wholesale services. It was established by Mawarid Holding as a limited liability company in 2020. 

Under this approval, all of Salam’s fiber-optic network assets will be sold to TLS, according to a three-phase implementation plan.  

The process of selling assets between Salam and TLS will extend until the end of 2024. Salam will lease infrastructure parts related to the fiber-optic network from TLS when needed.