QIA to Combine QNBN and Gulf Bridge International (GBI)
October 2, 2024
Qatar Investment Authority (QIA) announced plans to combine the telecommunications businesses of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI) to create a carrier‑neutral digital and AI infrastructure leader. The integration will join QNBN's nationwide passive fiber network with GBI's international submarine and terrestrial cables to boost Qatar's international connectivity, attract hyperscalers and support the country's digitalization strategy.
- Buyers
- Qatar Investment Authority (QIA)
- Targets
- Qatar National Broadband Network (QNBN), Gulf Bridge International (GBI)
- Industry
- Telecommunications
- Location
- Qatar
- Transaction Type
- Buyout
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