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QST considers cashing in on Saudi business
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QST considers cashing in on Saudi business
Data centre company Quantum Switch Tamasuk is considering strategic options, including a sale of its Saudi business, four people with knowledge of the matter told Reuters, in a deal that could attract renewed interest from global buyout firms seeking a slice of the Gulf’s AI boom. QST was set up as a joint venture between Saudi Arabian infrastructure developer Tamasuk and UK-based data-centre player Quantum Switch. It has operating projects, and…
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