Ooredoo Group Accelerates Digital Transformation with AI, Data Centres, and Subsea Connectivity in MENA

Ooredoo Group reported steady operational and financial growth in Q1 2025, driven by strategic investments in AI, data centres, subsea connectivity, and fintech services across the Middle East and North Africa. The Group’s revenue stood at QAR 5.8 billion, with net profit up 5% to QAR 960 million and EBITDA margin steady at 43%. Capital expenditure rose 40% to QAR 538 million, reflecting a focus on scaling digital infrastructure.

A key initiative is the spin-off of its data centre business into Syntys, backed by a USD 1 billion investment and supported by Qatari financing. Syntys is expanding AI-ready capacity across multiple markets including Algeria and Tunisia, positioning Ooredoo as a hyperscale AI and cloud services provider with partnerships like NVIDIA and Iron Mountain.

Ooredoo is also advancing the “Fibre In the Gulf” subsea cable project, a 720 Tbps network linking Gulf countries and potentially extending to North Africa, enhancing cross-continental digital corridors. Its mobile network modernization includes 5G Standalone and 5G Advanced technologies enabling low latency, network slicing, and edge computing for industries such as energy and logistics.

Fintech operations are growing rapidly, with significant revenue and active user growth in Qatar, Oman, and the Maldives, and plans to expand into North Africa, including Tunisia, to promote financial inclusion.

Ooredoo’s 2025 strategy focuses on three pillars: TowerCo, Syntys, and Fintech, aiming for 2–3% revenue growth and sustained EBITDA margins while investing QAR 4.5–5 billion in capital expenditure. The company is establishing itself as a key digital infrastructure player driving transformation in the MENA region.