Announced

Iron Mountain to acquire Ooredoo.

Synopsis

Iron Mountain, an American enterprise information management services company, agreed to acquire Ooredoo, a Qatari multinational telecommunications company. Financial terms were not disclosed. “We are excited to work with Iron Mountain, leveraging their deep expertise in hyperscaler data centres to enhance MENA Digital Hub’s capabilities and drive the growth of AI-enabler data centres in the region. This partnership will provide the strategic support needed to optimise operations, accelerate infrastructure development, and scale our platform to meet the growing demand of blue-chip customers and major organisations across the region,” Aziz Aluthman Fakhroo, Ooredoo Group CEO.

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