On Wednesday, Qatar’s sovereign wealth fund announced plans to merge the telecommunications operations of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI) to establish a national leader in the sector. The Qatar Investment Authority (QIA) aims to integrate QNBN’s domestic fiber network with GBI’s international submarine and terrestrial cables, a move it believes will position Qatar as a leader in digital and AI infrastructure.
QIA’s chief executive, Mansoor Ebrahim Al-Mahmoud, emphasized the goal of transforming Qatar into a significant digital hub, both regionally and globally, enhancing connectivity with the rest of the world. The chairman of QNBN and GBI expressed that their long-term vision is to forge a digital infrastructure champion that will unlock new opportunities for growth and innovation.
