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Saudi Arabia's TAWAL Telecom To Invest $80 Million Annually in Pakistan

Saudi Telecom to raise capital by $8bn in bonus shares

The company plans to issue 1.5 bonus shares for every existing share, through capitalising retained earnings.

STC tower unit TAWAL acquires Pakistani operator AWAL Telecom

Saudi ICT infrastructure firm Tawal is making a full acquisition of Pakistani tower company AWAL Telecom from its shareholders.

Saudi Telecom acquires Pakistan tower company to expand global footprint

Saudi telco is also busy with its digital bank venture STC Pay

Tawal of Saudi Arabia buys Awal Telecom in Pakistan | Companies

Tawal, a Saudi ICT infrastructure company and one of stc Group subsidiaries, has announced its entry into the Pakistan’s market via a full acquisition of Awal Telecom.