stc’s TAWAL gets approvals to acquires 3 tower firms in Bulgaria, Croatia, Slovenia

stc’s TAWAL gets approvals to acquires 3 tower firms in Bulgaria, Croatia, Slovenia

stc said its subsidiary Telecommunications Towers Co. (TAWAL) received all the necessary approvals to acquire a portfolio of tower assets from United Group, which includes sites in Bulgaria, Croatia and Slovenia. Accordingly, the acquisition completed on Aug. 24, the telecom services provider said in a statement to Tadawul, adding that the financial impact is expected in Q3