Kuwait — October 2025: The Board of TASC Towers Holding (“TASC”) has appointed Kamil Hilali as Chief Executive Officer, succeeding founder Iyad Mazhar, who will remain a shareholder and board member to continue supporting the company’s strategic growth.
Hilali steps into the role following his tenure as Chief Strategy Officer of Zain Group since March 2018, where he spearheaded major corporate transformations, including the ‘4SIGHT’ strategy, which repositioned Zain from a traditional telecom operator to a digital services provider, and the ‘4WARD – Progress with Purpose’ strategy, designed to advance Zain’s evolution into a leading TechCo and investment conglomerate.
Bader Al Kharafi, Zain Vice-Chairman & Group CEO and Chairman of TASC, praised Hilali’s appointment:
“As a key member of Zain’s executive leadership since 2018, Kamil has played a central role in achieving major milestones. We are confident in his ability to build on TASC’s legacy and drive the company to new heights.”
Al Kharafi added that following the imminent completion of the Ooredoo transaction, TASC will manage approximately 30,000 towers across Qatar, Kuwait, Jordan, Iraq, Algeria, and Tunisia, with a combined enterprise value of $2.2 billion and an annual run-rate revenue of $500 million. The deal will establish TASC as the largest independent tower company in the MENA region.
He also expressed appreciation for Iyad Mazhar’s leadership, noting his instrumental role in overseeing the landmark tower transaction between Zain Group, Ooredoo Group, and Digital Infrastructure Assets LLP (DIA) — a partnership that reshapes regional telecom infrastructure.
Over the past five years, TASC has operated as an independent digital infrastructure entity, acquiring and managing Zain Jordan and Zain Iraq’s tower portfolios on a sale-and-leaseback model, generating substantial value through a neutral-host strategy. The company continues to serve multiple mobile network operators (MNOs), reinforcing its position as a regional hub for shared telecom infrastructure services.
Al Kharafi reaffirmed the board’s commitment to supporting Hilali in steering the company’s next phase:
“We look forward to working closely with Kamil to integrate the tower assets of Ooredoo and Zain, positioning TASC on the global telecom tower map while reducing the region’s carbon footprint and driving sustainable growth.”
About Kamil Hilali
Hilali brings over 20 years of experience in strategy, corporate finance, and digital infrastructure. During his time at Zain Group, he played a pivotal role in business development, major IPOs, M&A transactions, capital restructuring, and the incubation of ICT and wholesale ventures.
He holds a BSc in Industrial Engineering from the National School of Mineral Industry (Morocco, 2001), an MBA from Suffolk University (USA, 2005), a Master’s in Finance from London Business School (UK, 2008), and Venture Capital certification from Stanford University (USA, 2017).
Fluent in English, French, and Arabic, Kamil Hilali also serves as a Board Member of Zain KSA and the Swiss-based e-commerce platform Zoodmall.
