About TAWAL
TAWAL is a company based in Riyadh (Saudi Arabia) founded in 2018 was acquired by Public Investment Fund in April 2024. TAWAL has completed 1 acquisition, including TAWAL. TAWAL offers products and services including Built-to-Suit and Colocation.
- Headquarter Riyadh, Saudi Arabia
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Telecommunications Towers Company J.S.C.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$998.96 M (USD), Debt – Conventional
Dec 13, 2023
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Investors
National Commercial Bank
& 2 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Public Investment Fund
(Apr 22, 2024)
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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.
People of TAWAL
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Leadership Team
14 people
Software Development Team
10 people
Finance and Accounting
5 people
Commercial Team
3 people
Operations Team
3 people
Human Resources and Administration
3 people
Legal and Compliance
3 people
Sales and Marketing
3 people
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Funding Insights of TAWAL
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 |
|---|---|---|---|---|
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Commercial bank
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Locked | Locked | Locked | |
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Banking and financial services are provided by SAB in Saudi Arabia.
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Locked | Locked | Locked | |
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Manages investments in energy, real estate, and technology to support national development.
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Locked | Locked | Locked |
Investor details for TAWAL
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- Investor domains
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Investments & Acquisitions by TAWAL
TAWAL has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TAWAL.
Investment portfolio details for TAWAL
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- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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TAWAL is engaged in providing telecommunications infrastructure solutions.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for TAWAL
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - TAWAL
Detailed financials for TAWAL
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Tawal Comparisons
Peer comparison for TAWAL
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Competitors of TAWAL
Detailed competitors of TAWAL
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Latest news on Tawal
Complete news archive for TAWAL
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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 current CEO of TAWAL.
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.