With reference to the previous announcement regarding the proposed merger between Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker: ORDS and CK Hutchison Holdings Limited (“CK Hutchison”) – Ticker: HK0001 (together the “Parties”), The Extraordinary General Meeting of
Shareholders (EGMS) held on 28 December 2021 at Indosat Ooredoo’s head office has approved the merger of their respective telecommunications businesses in Indonesia, PT Indosat Tbk (“Indosat Ooredoo”) and PT Hutchison 3 Indonesia (“H3I”).
Vikram Sinha will be Chief Executive Officer of the new entity.
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About Ooredoo Group
Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia. Serving consumers and businesses in 10 countries, Ooredoo delivers the leading data experience through a broad range of content and services via its advanced, data-centric mobile and fixed networks.
Ooredoo generated revenues of QAR 29 billion as of 31 December 2020. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.