Providence, IHS Said Second-Round Bidders in Mobily Telecom Deal

  • Network of towers said to be worth as much as $2 billion
  • Other bidders said to include Al Rajhi and Al Zamil groups

Saudi Arabian mobile operator Etihad Etisalat Co. picked investors including IHS Group Holdings Ltd. and Providence Equity Partners Inc. to submit second round bids for its cellular-tower network assets in the country, according to three people with knowledge of the matter.

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