The initiative is expected to drive economic growth, job creation, and technological innovation across the region
The new tower entity is expected to achieve run-rate revenues close to $500m annually
The mobile voice and data services operator reported that it served 52.7 million customers at the end of the period across seven countries
The three entities are proceeding with negotiations with the aim to sign definitive agreements in Q3 2023
As part of the five-year contract, Ericsson will also provide support and maintenance services
The upgrade will lead to improved network performance and help the group to prepare for launch of 5G services
The firm received interest from over 50 regional and international bidders and is currently in the final round of talks
Ooredoo will enable 2G, 3G and 4G coverage to 37 previously uncovered areas for the first time
Ooredoo is also considering expanding its digital payments and sales segments
Five-year agreement covers Ooredoo’s operating companies in 10 countries
The biggest listed companies in Qatar as ranked by market capitalisation