Ooredoo Group Secures Major Funding for Data Center and AI Expansion in MENA
- Ooredoo secures 2 billion Qatari Riyal financing deal for data center and AI expansion.
- Largest transaction in Qatar’s tech sector by value and duration.
- Investment to separate data center assets from telecom operations.
Ooredoo's substantial investment in data centers and AI infrastructure reflects a proactive approach to meet the surging demand for digital services in the MENA region. Their commitment to sustainable practices is commendable and could set a benchmark for the industry. However, the success of these initiatives will depend on effective execution and the ability to adapt to rapidly changing technological landscapes.
