DOHA – Ooredoo Group has divested a 6% minority stake in Meeza – QSTP, Qatar’s leading managed IT services and solutions provider, to funds managed by Fiera Capital (UK) at the prevailing market price.
According to Ooredoo’s filing with the Qatar Stock Exchange, the operator now retains only a 4% holding in Meeza, which it described as a non-strategic investment slated for full divestment at a later stage.
The move aligns with Ooredoo’s long-term strategy to channel resources into Syntys, its AI-ready hyperscale data centre platform. Syntys is central to Ooredoo’s regional ambitions, driving the rollout of advanced data infrastructure across the Middle East and North Africa to support cloud computing, AI adoption, and digital transformation.
By offloading its stake in Meeza, Ooredoo signals a sharper focus on scaling its proprietary platforms to meet surging demand for hyperscale data services and regional AI readiness.
