Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker ORDS - today announced that it has executed a share transfer, as part of an internal reorganization, of its 55% shareholding in Omani Qatari Telecommunications Company SAOG (‘Ooredoo Oman – Ticker: ORED’) from its fully owned subsidiary MENA Investcom S.P.C. to its fully owned subsidiary Seyoula International Investment W.L.L, registered in Qatar. Both these subsidiaries are ultimately owned by Ooredoo Q.P.S.C.
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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 30 billion as of 31 December 2018. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.