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TAWAL, the leading Saudi telecommunications infrastructure company, now manages 30,000 towers across five regional markets, according to CEO Mohammed Alhakbani. Speaking at the LEAP 2026 conference, Alhakbani highlighted the company's growth from 14,000 towers at inception, boosted by its merger with Golden Lattices Investment Co. (LATIS). Saudi Arabia forms the core of its operations with approximately 24,000 towers, alongside active market presence in Pakistan, Bulgaria, Croatia, and Slovenia.
The operational expansion reflects a broader trend of telecom operators outsourcing infrastructure management to improve capital efficiency. TAWAL built over 1,000 new towers last year and performed more than 12,000 upgrades to enhance network coverage and data speeds. By expanding partnerships with global technology leaders like Lenovo and Huawei, TAWAL is positioning itself to provide advanced digital solutions, including 5G, IoT, and edge computing.
For MENA region investors, TAWAL's robust growth underscores the rapid development of Saudi Arabia's digital infrastructure, which is vital for gigaprojects such as Qiddiya, Diriyah, and the Red Sea Project. Potential future consolidation, such as discussions regarding Mobily's tower assets, could further solidify TAWAL's market leadership and generate long-term value across the telecom sector.
