Zain Group is cooperating with Citibank on selling its towers in Kuwait and Saudi Arabia, and several companies have already expressed interest in buying the towers, Bader Al-Kharafi chief executive officer of Zain Group said in an interview with Al Arabiya.
Meanwhile, Zain Saudi has been seeing good results since the beginning of this year, Al-Kharafi said.
The telco was able to extend its license in Saudi Arabia for 15 years, which will help stabilize the company and boost results, he added.
Earlier, Al-Kharafi said he expects Zain Saudi to turn profitable soon.
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