Ooredoo Launches OFN to Scale AI, Cloud & Subsea Networks
Ooredoo Group Establishes OFN Entity to Capitalize on AI, Cloud, and Hyperscale Traffic Growth
By Ray Sharma, The Fast Mode
February 17, 2026
Ooredoo Group announced the formation of Ooredoo Fibre Networks (OFN), a new independent entity dedicated to managing and scaling Ooredoo’s international connectivity and submarine cable infrastructure ambitions, and the appointment of Khalid Hassan Al-Hamadi as its Chief Executive Officer, effective from 15 February 2026. The carve-out process is expected to be completed by 2027.
OFN will serve as the Group’s specialised vehicle to execute strategic investments in submarine cables and high-capacity terrestrial transport fibre, a substantial digital infrastructure opportunity offering attractive long-term returns.
The new entity will bundle Ooredoo’s expanding portfolio of international connectivity assets and projects under a dedicated platform, strengthening its ability to capture rising demand for resilient, high-performance data routes driven by hyperscalers, cloud providers, and AI platforms.
The formation of OFN sits firmly within Ooredoo’s evolved strategy, RISE, which combines three investment horizons aimed at delivering superior shareholder returns and accelerating the Group’s transformation into a leading digital infrastructure provider.
Ooredoo is currently building one of the largest subsea cable and transport fibre networks in the GCC, positioning the Group as a strategic gateway for digital traffic between Europe and Asia. This includes the FIG subsea cable system, under development with Alcatel Submarine Networks and spanning approximately 1,900 kilometres, alongside additional submarine and terrestrial connectivity investments across the region.
Together, these projects are creating a new regional connectivity corridor and a strategic alternative to legacy routes, reinforcing Ooredoo’s role at the centre of global infrastructure flows.
Khalid Hassan Al-Hamadi has been appointed CEO of OFN
Khalid Hassan Al-Hamadi brings deep operational and strategic leadership experience across Ooredoo’s footprint.
Most recently, he served as Managing Director and CEO of Ooredoo Maldives since February 2022, following a long career within Ooredoo Qatar where he held senior leadership roles across consumer sales and strategic planning.
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