About TAWAL
TAWAL is a Telecommunications company based in Riyadh (Saudi Arabia) founded in 2018, and was acquired by Public Investment Fund in April 2024. Tower infrastructure services are provided for telecommunications in Saudi Arabia. TAWAL has completed 1 acquisition, including TAWAL. Its chief executive, as recorded, is Mohammed Alhakbani. Its website tawal.com.sa draws about 28 thousand monthly visits. TAWAL offers products and services including Built-to-Suit and Colocation. Its focus areas include Telecom and Telecom Infrastructure. Its legal entity is Telecommunications Towers Company J.S.C.
Company details
TAWAL was established in 2018 and is headquartered in Riyadh, Saudi Arabia. Tower infrastructure services are offered by the company within the telecommunications sector. Operations focus on supporting network deployment and maintenance across the region. Leadership is provided by CEO Mohammed Alhakbani. The domain tawal.com.sa is utilized for online presence, with activities centered on infrastructure provision for mobile operators.
- Headquarters Riyadh, Saudi Arabia
- Stage Acquired
- SectorsTelecommunications
- Website tawal.com.sa
- Social LinkedIn X
- Acquired by Public Investment Fund (Apr 2024)
- Legal Name Telecommunications Towers Company J.S.C.
- Latest Funding Round$998.96M (USD), Debt – Conventional
Dec 2023
- InvestorsNational Commercial Bank
& 2 more
- Investments & Acquisitions
- Acquired byPublic Investment Fund
(Apr 2024)
Products & Services of TAWAL
TAWAL offers a comprehensive portfolio of products and services, including Built-to-Suit and Colocation.
Optimal telecom infrastructure solutions are provided to expand connectivity and reach remote areas.
Eco-friendly solutions are offered for sharing passive infrastructure on existing telecom towers to densify coverage.
Funding Insights of TAWAL
- Total Rounds 1
- Last Round Debt – Conventional — $998.96M
- First Round $998.96M
(Dec 2023)
- Investors Count 2
All 1 funding rounds of TAWAL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $998.96M | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in TAWAL
TAWAL has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include National Commercial Bank, SAB and Public Investment Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial bank | 1953 | alahli.com | Jeddah, Saudi Arabia | |
Banking and financial services are provided by SAB in Saudi Arabia. | sab.com | |||
Manages investments in energy, real estate, and technology to support national development. | 1971 | pif.gov.sa | Riyadh, Saudi Arabia |
Investor details for TAWAL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of TAWAL
68 people are tracked at TAWAL (30 in leadership, 38 in team).
| Name | Role | Group |
|---|---|---|
Mohammed Alhakbani | CEO | Leadership |
Mamdouh Ali Dan | Site Acquisition Director | Leadership |
Abdulaziz Alhunaiti | Director, Budgeting & Taxation | Leadership |
Kamal Daswani | Chief Strategy And Investment Officer | Leadership |
Iftekhar Ahmed Qureshi | Director Business Finance | Leadership |
Mohammed Alkussayer | General Manager, Technology & Innovation | Leadership |
Abdulrahman Al Moaiqel | Chief Commercial Officer | Leadership |
Saeed Alshehri | Chief Operating Officer | Leadership |
Abdullah A. | Director – Operations Planning & Project Control | Leadership |
Abdulaziz Aljabreen Crme, Mba | Head Of Internal Audit | Leadership |
Saud Altoaimy | Chief Finance Officer | Leadership |
Emmanuel Leonard | Chief International Officer | Leadership |
Hareth Alsahan | Chief Human Resources Officer | Leadership |
Omar Alrasheed | General Manager, Commercial Excellence | Leadership |
Naif Alanazi | General Manager - Engineering Solutions & Operation Planning | Leadership |
Abdulrhman Aljamaz | CEO Office Manager | Leadership |
Nawaf Alosaimi | Head Of Digital Project Management & Control | Leadership |
Malek Almutairi | Executive Assistant To Chief Financial Officer | Leadership |
Muath al-Azzam | Director Of Customer Experience | Leadership |
Fahad A. Awaji | Director Of Performance & Career Management | Leadership |
48 more people are available in the full profile.
Complete people profiles for TAWAL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TAWAL
TAWAL has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TAWAL.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
TAWAL is engaged in providing telecommunications infrastructure solutions. | awaltelecom.net | Islamabad, Pakistan | 2014 | Feb 2022 | •••• |
Complete acquisition details for TAWAL
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of TAWAL
4 dated milestones of TAWAL across 6 years, from founding to its latest funding, stage changes and deals.
- Founded TAWAL is founded.
- Acquisition Acquires TAWAL.
- Funding First funding round of $999.0M.
- Exit Acquired by Public Investment Fund.
Web traffic of TAWAL
The website of TAWAL (tawal.com.sa) receives about 28.1K visits a month.
- Monthly visits28.1K
▲ 41.1% vs previous month
Websites whose visitors overlap most with TAWAL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sulfah.com | sulfah.com | 100% | #496,452 | – | |
| google.com | 78% | 85.8B | #1 | View details | |
| linkedin.com | 63% | 1.9B | #18 | View details | |
| retal.com.sa | 61% | 31.1K | #662,620 | View details |
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Frequently Asked Questions about TAWAL
TAWAL was founded in 2018 and raised its 1st funding round 5 years after it was founded.
TAWAL is headquartered in Riyadh, Saudi Arabia.
Mohammed Alhakbani is the CEO of TAWAL, as recorded in our data.
TAWAL was established in 2018 and is headquartered in Riyadh, Saudi Arabia. Tower infrastructure services are offered by the company within the telecommunications sector. Operations focus on supporting network deployment and maintenance across the region. Leadership is provided by CEO Mohammed Alhakbani. The domain tawal.com.sa is utilized for online presence, with activities centered on infrastructure provision for mobile operators.
TAWAL offers Built-to-Suit and Colocation.
TAWAL has made 1 acquisition, including TAWAL.
TAWAL has 3 investors. Key investors include National Commercial Bank, SAB, and Public Investment Fund.
TAWAL operates through Telecommunications Towers Company J.S.C..
Yes. TAWAL was acquired by Public Investment Fund in April 2024.