Gulf telecommunication giants are mulling the union of digital infrastructure portfolios to create a giant towerco across the Middle East. Discussions between Ooredoo Q.P.S.C. (ORDS:UH:Abu Dhabi), Mobile Telecommunications Company K.S.C.P. (Zain Group) and UAE-based TASC Towers Holding are ongoing and could eventually combine approximately 30,000 telecommunication tower ass...

Qatari telecoms company Ooredoo Q.P.S.C. (QSE: ORDS) has confirmed its intention to sell up to 20,000 telecom towers assets. The potential carve out of its tower portfolio comprises real estate spread across the countries where it operates in the Gulf region and other markets including Iraq and Algeria. The company said in a statement: “This transaction will allow the ...

Microsoft (NASDAQ: MSFT) has enhanced its Middle East presence with the opening of a new data centre built to host the public cloud’s operations that serve Qatar and surrounding nations. The data centre has been built and is managed by Doha-based MEEZA QSTP LLC, a Qatar Foundation joint venture, which is investing in its infrastructure to support the Qatar National V...