Ooredoo launches international connectivity infrastructure spin-off entity

February 19, 2026 at 1:03 PM GMT+8

Ooredoo Group, a Middle East based international provider of telecommunications and digital infrastructure, has announced the formation of Ooredoo Fibre Networks (OFN), a new independent entity dedicated to managing and scaling Ooredoo’s international connectivity and submarine cable infrastructure ambitions.

In an official communique, Ooredoo revealed that OFN will serve as the Group’s specialised vehicle to execute strategic investments in submarine cables and high-capacity terrestrial transport fibre, a substantial digital infrastructure opportunity offering attractive long-term returns. “The new entity will bundle Ooredoo’s expanding portfolio of international connectivity assets and projects under a dedicated platform, strengthening its ability to capture rising demand for resilient, high-performance data routes driven by hyperscalers, cloud providers, and AI platforms,” said Ooredoo.

Ooredoo has appointed Khalid Hassan Al-Hamadi as OFN’s Chief Executive Officer, effective February 15, 2026. Al-Hamadi, has previously served as Managing Director and CEO of Ooredoo Maldives since February 2022, following a long career within Ooredoo Qatar where he held senior leadership roles across consumer sales and strategic planning.

Aziz Aluthman Fakhroo, Group CEO, Ooredoo, said, “International connectivity and subsea infrastructure are already among the most strategic digital assets in the world, and demand is accelerating with AI, cloud, and hyperscale growth. With the formation of OFN, and with Khalid Hassan Al-Hamadi at the helm, we are creating a focused platform to scale our investments in fibre and submarine cables, deliver attractive long-term returns, and cement Ooredoo’s position as a key data gateway between Asia, the Gulf, and Europe.”

Ooredoo is currently building one of the largest subsea cable and transport fibre networks in the GCC, aiming to position itself as a strategic gateway for digital traffic between Europe and Asia. This includes the FIG subsea cable system, under development with Alcatel Submarine Networks and spanning approximately 1,900 kilometres, alongside additional submarine and terrestrial connectivity investments across the region. Together, these projects are creating a new regional connectivity corridor and a strategic alternative to legacy routes. The carve-out process is expected to be completed by 2027.