Article

Quantum Switch Tamasuk (QST) is exploring strategic options, including a potential sale of its Saudi operations, amid rising interest from global buyout firms. Appointed advisor Rothschild estimates the business could be valued over $500 million.

QST, a joint venture between Saudi Tamasuk and UK-based Quantum Switch, operates projects in Saudi Arabia and plans further expansions. The Gulf region is investing heavily in data infrastructure to establish itself as a hub for artificial intelligence, attracting hyperscale cloud providers.