Ooredoo Group and Iron Mountain announced a landmark strategic partnership, which will see the global leader in information management services take a minority equity stake in Ooredoo’s carrier-neutral data centre company, MENA Digital Hub.
The partnership will enable Ooredoo to expand its MENA footprint of hyperscale and AI data centre infrastructure, combining the strength of the company’s local development and operational track record with Iron Mountain’s global operating expertise.
In addition to industry expertise, Iron Mountain will provide MENA Digital Hub with specialised advice in the design, construction and daily operations of data centres to meet evolving global demands. Initial engagement will focus on operational support, infrastructure enhancement and supporting MENA Digital Hub’s existing plans to further expand its data centre capacity across key markets in the MENA region.
The investment by Iron Mountain into Ooredoo’s data centre platform is a testament to the growing attractiveness of the MENA region for digital infrastructure with superior growth driven by cloud services and AI and the ability to leverage globally differentiated access to power and governmental support. The platform will be uniquely positioned to further capitalize on its existing infrastructure to capture an increasing share of the fast-expanding demand, while ensuring continuous compliance with local and international regulations.
SOURCE: BusinessWire