March 28, 2018 / 9:45 AM / 5 months ago

Kuwait's Zain waiting for approval to sell Saudi mobile towers

KUWAIT, March 28 (Reuters) - Kuwait-based telecommunications group Zain is waiting for approval from regulators in Saudi Arabia to sell its mobile towers in the kingdom, its chief executive said on Wednesday.

Bader Nasser al-Kharafi told reporters in Kuwait that a timeline for the sale could not be provided before approval is obtained. (Reporting by Ahmed Hagagy, writing by Alexander Cornwell; editing by Jason Neely)

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