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Ooredoo in ‘final round’ of talks on tower spin-off

22 Feb 2023

Aziz Aluthman Fakhroo, CEO of Qatar-based multinational telecoms group Ooredoo, has told Bloomberg in an interview that the firm’s planned wireless tower infrastructure sell-off has attracted interest from ‘over 50’ regional and international potential bidders, adding that talks have entered a ‘final round’. The executive expressed hope that Ooredoo would be able to announce developments on the negotiations before mid-2023.

Previously reported suitors for Ooredoo’s multi-country 20,000 tower portfolio include Saudi Arabia’s Public Investment Fund, American Tower Corp, IHS Holding and Helios Towers.

Qatar, Ooredoo Group, Ooredoo Qatar

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