Regional Telecom Giant Carves Out New Entity to Fuel Expansion

Ooredoo has announced its decision to separate its fibre and subsea assets into a new entity, which will focus on providing high-speed internet connectivity across the Middle East, North Africa, and South Asia. The move is aimed at unleashing the full potential of Ooredoo’s fibre network, which spans over 120 countries and provides broadband services to millions of customers. By separating these assets from its core operations, the company aims to accelerate growth in the region. The new entity, tentatively named Ooredoo Fibre & Network Solutions, will be headquartered in Muscat, Oman, and will oversee the design, deployment, and management of Ooredoo’s fibre network across the region. The move is expected to create over 500 new jobs and drive economic growth in the region. Ooredoo will retain its existing fibre business in some markets, while others will be transferred to the new entity. The company has already begun implementing this strategy, with several key stakeholders expressing their support for the move. The separation of Ooredoo’s fibre and subsea assets is seen as a strategic move by the company to stay competitive in an increasingly digital landscape. As 5G adoption continues to grow, high-speed internet connectivity is becoming an essential component of modern life, and Ooredoo aims to capitalize on this trend. With its expertise in fibre network management, the new entity is well-positioned to provide cutting-edge broadband services to customers across the region. By leveraging its extensive network infrastructure, Ooredoo Fibre & Network Solutions is poised to drive growth and innovation in the Middle East and beyond.