Ooredoo QPSC is considering carving out its data center unit to attract new investors into the business.
Bloomberg reports the Qatari telco is holding discussions with banks about a possible carve-out of the division, in line with its strategy to offload non-core assets, citing ‘people familiar with the matter.’
The company didn’t reply to the publication’s request for comment. Bloomberg didn’t identify potential bidders or the value of the portfolio.
Ooredoo’s five data centers in Qatar cover a total space of about 60,000 square feet. Earlier this year the company broke ground on three more facilities in Barka, Salalah, and Sohar.