Ooredoo teams up with Nvidia and Nokia to launch 1 GW AI platform in Indonesia
Ooredoo Group, via its 49% stake in Zankore, is partnering with Nvidia and Nokia and Indonesia’s Indosat Ooredoo Hutchison (IOH) to launch a 1 GW AI platform in Indonesia over three years. Zankore targets ~200 MW by H1 2027, with projected $13B revenue and $9B cumulative EBITDA over 5-6 years. Ooredoo plans $800M investment over five years; IOH’s neocloud revenue rose to $33M in H1 2026.
How this was made
The 30-second read
Why it matters
The article provides concrete capacity milestones (1 GW over three years, 200 MW by H1 2027, 28 MW owned/operated by Q3 2026) and Ooredoo’s $800 million commitment, which can influence investor expectations for telecom-to-digital-infrastructure transformation and for compute/networking demand in the region.
Market read
Traders may view this as incremental evidence of sustained AI infrastructure demand in Indonesia, with compute and networking vendors gaining distribution and installed-base exposure through telecom-led platforms.
What to watch
Key risks include power availability, permitting and build timelines for data centers, customer concentration for the initial 200 MW, and whether GPU orchestration improvements translate into sustained pricing power.
Background
Ooredoo’s Indonesia affiliate IOH previously struck a deal with Nvidia to become its first cloud partner in Indonesia, and Zankore is positioned as the scaled successor platform.
Ticker impact
Zankore’s Zankore platform is powered by Nvidia’s supercomputing platform and technology, with IOH set to own and operate about 28 MW of Nvidia-powered GPU capacity.
Potential positive sentiment read-through for NVDA, but likely modest because the deal is regional and the article does not quantify Nvidia revenue impact.
The article provides concrete capacity milestones (1 GW over three years, 200 MW by H1 2027, 28 MW by Q3 2026) tied to Nvidia-powered services, which can support demand expectations.
Nokia is included in the Zankore alliance to provide networking expertise for the GPU-as-a-Service platform across Indonesia.
Mild positive read-through for NOK; the article does not disclose contract size or revenue recognition timing.
The piece names Nokia’s role but provides no financial terms, contract value, or measurable Nokia-specific capacity beyond qualitative networking expertise.
Market effects
Reinforces telecom operators’ shift toward AI-ready data center and GPU-as-a-Service models, potentially increasing competition for power, land, and hyperscale capacity in Southeast Asia.
Highlights Indonesia’s supply-demand imbalance for AI-ready capacity and points to power constraints in Malaysia, Singapore, and Thailand as spillover demand drivers.
Supports the broader global AI infrastructure capex cycle, with regional partnerships potentially expanding Nvidia’s and networking vendors’ installed base in emerging markets.
Counterpoint
The revenue and EBITDA figures are for the platform’s projected economics, not audited company results, so near-term tradability may be limited versus execution and funding risk.
Key entities
- platformZankore
Ooredoo-led AI platform targeting 1 GW of contracted AI capacity over three years, using GPU-as-a-Service and Nvidia technology.
- companyOoredoo Group
49% founding shareholder and lead investor in Zankore, committing $800 million over five years and targeting Indonesia data center exposure.
- affiliateIOH (Indosat Ooredoo Hutchison)
Ooredoo’s Indonesia affiliate, expected to own and operate about 28 MW of Nvidia-powered GPU capacity by Q3 2026.
- technology supplierNvidia
Provides supercomputing platform and AI expertise powering Zankore’s GPU-as-a-Service offering.
- technology supplierNokia
Provides networking expertise for the Zankore platform.
