For the sixth consecutive year, Ooredoo was recognised as one of the Sultanate’s Top 20 performing companies by Oman Economic Review, Oman’s leading economic and business publication. Accepting the accolade on behalf of the company was CEO, Greg Young, who joined representatives from leading corporations listed on the Muscat Securities Market (MSM).
The recognition was based on financial indicators including growth of profit, earnings per share and share price growth. The last twelve months have seen Ooredoo’s numbers grow substantially, driven by an increase in both mobile and fixed data. The leading telecommunications company launched a series of inspiring new offers and services into the market, all of which have been generating significant interest, with customer numbers and uptake of offers increasing. Supporting Ooredoo’s strategy of service innovation, quality and reach, the company continues to invest heavily and in 2015 they completed their independent national fibre backbone, which spans the length and breadth of the country to provide cutting edge connectivity to consumers and business across Oman.
About Ooredoo Oman
Omani Qatari Telecommunications Company SAOG (“Ooredoo”) was founded and registered in the Sultanate of Oman in December 2004. It launched its service in March 2005 as the challenger mobile operator in Oman, originally operating under the name Nawras. The Company was awarded the second fixed licence in Oman in 2009, and launched its international gateway in April 2010, its corporate fixed and broadband services in May 2010, and its residential fixed and broadband services in June 2010. Since 2010, Ooredoo has been an integrated services telecommunications operator and is currently serving over 2 million customers across the Sultanate. Following a successful IPO on 1 November 2010, Ooredoo is listed on the Muscat Stock Market (MSM) under the “ORDS” ticker. Ooredoo is majority owned by Ooredoo Q.S.C. and also has a number of significant Omani shareholders which ensures that the company is strongly integrated into the Omani society. Ooredoo has won a number of awards including Jury’s Distinction Award for Customer Service Excellence in the telecom sector 2013, Leading Telecommunications Company at the Arab Achievement Awards 2013, Best Operator Network at the Telecoms World Middle East 2013 Awards, a number of awards for their outstanding campaigns at the Dubai Lynx Awards in February 2014 and the CommsMEA award for Middle East Mobile Operator of the Year 2015.
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 brand, 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 Qatar, Algeria, Indonesia, Iraq, Kuwait, the Maldives, Myanmar, Oman, Palestine, and Tunisia. The company was named “Most Innovative Company of the Year – MEA Region” at the 2015 International Business Awards.
The company reported revenues of USD 8.8 billion in 2015 and had a consolidated global customer base of 117 million customers as of 31 December 2015. Ooredoo’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.