Saudi Arabia's Public Investment Fund agrees deal with STC to create tower company
Will be the biggest tower provider in the Middle East, combining Tawal and Golden Lattice
News - Public Investment Fund
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Zain to sell final 20% tower stake to Saudi's Public Investment Fund
Will increase PIF's stake in the tower company to 80 percent
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Before he was fired, OpenAI's Altman sought billions for AI chip venture
But is now at Microsoft, which has its own AI chips
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Red Sea Global and Zain claim first zero-carbon 5G network in Saudi Arabia
Powered by 100 percent renewable energy
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DigitalBridge partners with Saudi sovereign wealth fund for Middle East data center expansion
No details yet on size of investment or data center builds
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Saudi Public Investment Fund bids for 51 percent stake in STC's tower unit business
The wealth fund made a non-binding offer last week
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Zain Saudi Arabia transfers ownership of towers unit to PIF
It clears the path for the sale of 8,069 towers