Ooredoo Group and Iron Mountain (IRM) announced a strategic partnership, which will see Iron Mountain take a minority equity stake in Ooredoo’s carrier-neutral data center company, MENA Digital Hub. The partnership will enable Ooredoo to expand its MENA footprint of hyperscale and AI data center infrastructure. In addition to industry expertise, Iron Mountain will provide MENA Digital Hub with specialized advice in the design, construction and daily operations of data centers 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 center capacity across key markets in the MENA region. Ooredoo established MENA Digital Hub last year to pioneer the region’s digital transformation by providing colocation services to hyperscalers and enterprises. As part of its strategic growth, the company plans to expand its capacity to over 120 megawatts through a $1B investment in the medium term. The transaction is subject to customary closing procedures.
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