Company overview
Business Model & Company Structure
Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named “Best Mobile Operator of the Year” at the World Communication Awards 2013.
The company reported revenues of US$ 8.2 billion in 2019 and had a consolidated global customer base of more than 118 million customers as at 30 April 2020. Ooredoo’s shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.
Corporate Governance (Board Members and Directors)
History
Our journey started from humble beginnings. Strong organic growth, prudent investments, the hard work of our team in all our markets and the growth and loyalty of our customers have combined to make us one of the world’s most exciting communications companies.
Strategy
Ooredoo Group focuses on three business lines (Consumer Mobile, Consumer Broadband, Enterprise) across three geographies (Middle East, North Africa, South-East Asia). Our strategic priorities include Convergence, Network Consolidation, and Efficiency across the group.
Investment Case
Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services. 114 million customers across markets in the Middle East, North Africa and South-East Asia with a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives and Indonesia.
Ratios and Key Figures
Consolidated income statment, financial position, cash flows, key indicators, customers, and segment information.
List of Advisers / Auditor / Credit Rating Agency
- Group Auditor: KPMG
- Credit Rating Agencies: S&P, Fitch and Moody’s
- IR & PR Advisory: FTI
Approach to CSR
We are convinced that what we must make a significant contribution to social as well as economic development. Our vision is based on a strong core belief that we can enrich people’s lives and stimulate human growth in the communities where we operate. Our vision for human growth is very personal.
Peer Group Comparison
Ooredoo operates across markets in the Middle East, North Africa and Southeast Asia. Our peer group in the GCC region includes Zain, Etisalat, STC, Mobily and Vodafone.