Qatar's Ooredoo Spins Off Passive Tower Infrastructure Business

en.Wedoany.com Reported - Ooredoo announced on Thursday that it has spun off its passive tower infrastructure assets in Qatar into an independent company, Al Abraj, with the transaction having received approval from the Communications Regulatory Authority and other government agencies.

This spin-off is the first business separation under Ooredoo's "TowerCo" initiative and part of the group's broader portfolio optimization strategy.

Ooredoo has also appointed Khalid Barzak as General Manager of Al Abraj. Khalid has held leadership roles in the telecommunications industry for the past 16 years, serving in senior positions within the Ooredoo Group covering telecommunications, digital services, investments, and partnerships. Ooredoo believes he has played a key role in driving the growth and transformation of digital services and partnership businesses, which have become significant contributors to the group's profitability. In a press release, Ooredoo stated that Khalid will lead Al Abraj to focus on operational excellence, value creation, and supporting the long-term growth of the tower infrastructure platform.

This spin-off is Ooredoo's latest move following the separation of its regional data center operations last year. The independent data center entity, Syntys, currently operates data centers in Qatar, Tunisia, Kuwait, Oman, and Iraq. Earlier this year, Ooredoo also announced plans to spin off its international connectivity and submarine cable infrastructure business into Ooredoo Fibre Networks (OFN), with completion expected in 2027.

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