SAR and Tawal agree to lease telecom sites

The Saudi Railways Company "SAR" has signed an agreement with the telecommunications towers company "Tawal" to lease spaces on its infrastructure across the Eastern network. The aim is to support digital transformation and enhance telecommunications infrastructure. The agreement seeks to strengthen integration between the transportation and telecommunications sectors, utilizing assets to create additional uses that meet the rising demand for telecommunications services and digital infrastructure, in line with Saudi Arabia's Vision 2030. "Tawal" is considered one of the largest telecommunications tower portfolios in the region, following its merger with "Latis Gold," which owns approximately 30,000 towers, with the public investment fund overseeing the majority stake.

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