Ooredoo and Zain win Kuwait competition approval for tower joint venture
Ooredoo Group and Zain Group have received Kuwait Competition Protection Authority approval for the economic concentration linked to their equally owned tower platform, Ooredoo said from Doha.
Ooredoo Q.P.S.C. said on 23 September 2026 from Doha that Ooredoo Group and Zain Group have received approval from the Kuwait Competition Protection Authority for the economic concentration relating to their tower joint venture.
The approval follows definitive agreements announced on 5 December 2023 to establish an equally owned and jointly controlled tower platform across a number of markets. Ooredoo described the clearance as an important milestone in the phased implementation of the transaction.
Completion remains subject to the remaining closing conditions set out in the transaction documents and to all relevant internal and regulatory approvals. The groups said they will continue working with the authorities to complete required procedures and disclosures.
The financial impact cannot be determined at this stage, according to the disclosure.
According to an Ooredoo Q.P.S.C. disclosure filed with the Abu Dhabi Securities Exchange dated 23 September 2026.
Sources
- ADX — Ooredoo Kuwait competition approval tower JV ADX Disclosures