Ooredoo Group Establishes OFN Entity to Capitalize on AI, Cloud, and Hyperscale Traffic Growth

Ooredoo Group has announced the formation of Ooredoo Fibre Networks (OFN), a new independent entity dedicated to managing and expanding the company’s international connectivity and submarine cable infrastructure. The move reflects growing demand for high-capacity digital infrastructure driven by artificial intelligence, cloud computing, and hyperscale data traffic.

OFN will serve as Ooredoo’s specialised platform for executing strategic investments in subsea cable systems and high-capacity terrestrial transport fibre. By consolidating international connectivity assets under a dedicated structure, the group aims to strengthen its ability to scale infrastructure investments and capture long-term growth opportunities in global data transmission.

The initiative forms part of Ooredoo’s broader RISE strategy, which focuses on accelerating transformation into a leading digital infrastructure provider while delivering long-term shareholder value. The company is currently developing one of the largest subsea cable and transport fibre networks in the GCC, including the Fibre in Gulf (FIG) subsea cable system in partnership with Alcatel Submarine Networks, spanning approximately 1,900 kilometres.

Khalid Hassan Al-Hamadi has been appointed CEO of OFN, bringing extensive leadership experience across Ooredoo’s regional operations. His previous roles include leading Ooredoo Maldives, where network expansion and connectivity initiatives supported strong operational performance and digital transformation progress.

Ooredoo stated that international connectivity and subsea infrastructure are becoming increasingly strategic assets as global demand for low-latency, resilient data routes accelerates. The group aims to increase the contribution of its international infrastructure and subsea cable business from around 3 percent to 12 percent of total revenues over time. The carve-out of OFN is expected to be completed by 2027.