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|Traded as||QE: ORDS|
|North America, Middle East, Europe and Asia,|
|Abdulla bin Mohammed bin Saud Al Thani (chairman) Sheikh Saud bin Nasser Al Thani (CEO)|
|QAR 3,080,458,000 (2014)|
|QAR 2,528,387,000 (2014)|
|Total assets||QAR 97,999,347,000 (2014)|
|Total equity||QAR 30,468,513, 000 (2014)|
Number of employees
Ooredoo QSC (Arabic: أوريدو; formerly Qtel) is an international telecommunications company headquartered in Doha, Qatar. Ooredoo provides mobile, wireless, wireline, and content services with market share in domestic and international telecommunication markets, and in business (corporations and individuals) and residential markets. It is one of the world's largest mobile telecommunications companies, with over 114 million customers worldwide as of September 2015.
68% of Ooredoo is owned by the State of Qatar. Ooredoo has operations in the Middle East, Europe and Asia, including Algeria, Indonesia, Iraq, Kuwait, Myanmar, Maldives, Oman, Palestine, Qatar and Tunisia. Ooredoo's shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.
- 1 History
- 2 Current standing
- 3 Ownership
- 4 Operating companies
- 5 Awards
- 6 Social responsibility
- 7 Partnerships
- 8 Sponsorships
- 9 References
- 10 External links
Ooredoo was founded in Doha in 1987 initially as a telephone exchange company. It has since grown to become the largest communications operator in Qatar offering new technologies to the country including mobile, broadband, digital, and fiber services. The publicly traded company has ownership from the royal family with H.E. Sheikh Abdullah Bin Mohammed Bin Saud Al Thani as the company's chairman and Sheikh Saud Bin Nasser Al Thani as Ooredoo Group CEO. Waleed Al-Sayed is Ooredoo Group's deputy CEO and Ooredoo Qatar's CEO.
Qtel Group and all its operating companies worldwide were officially unified under Ooredoo Group in February 2013, as part of the company's strategy to combine its assets in order to form a global business within the telecommunications industry. The name Ooredoo is Arabic for "I Want", chosen "to reflect the aspirations of Ooredoo customers and the core belief that Ooredoo can enrich people's lives and stimulate human growth in the communities where it operates."
Ooredoo has experienced significant growth over the last six years, transforming from a single market operator in Qatar to an international communications company with a global customer base of more than 114 million customers worldwide (as of September 2015) and consolidated revenues of QAR 24.2 billion for the first nine months of fiscal year 2015.
In 2010 the company upgraded its 3G network in the country and launched its Mobile Money service. By 2012, its network grew with its fiber network that provided services with download speeds of up to 100 Mbit/s, HDTV, and its initial phase of its 4G LTE mobile broadband service. The company's consumer base has grown significantly in recent times, from 1.9 million subscribers in 2008 to 2.5 million in 2012 within Qatar. Its annual revenues increased by QAR 3.5 billion from 2012 to 2013 in a single quarter.
In 2013, Ooredoo was named the "best mobile operator" at TMT award.
Citing strong organic growth, prudent investments and the growth and loyalty of its customers, Ooredoo has been the fastest-growing telecommunications company in the world by revenue since 2006 and its enterprise value has more than tripled since 2005.
In the 2010s the company has developed a strong partnership with Nokia in Qatar. In May 2016, the firm expanded this partnership with Nokia in a three-year deal to develop a nationwide mobile network in Qatar. The firm has also broadened its reach with its operations on over 16 countries across the Arabian Gulf, Middle East, North Africa, and Asia regions. As of 2013, the company unified under Ooredoo Group. The firm has since experienced significant growth with QAR 24.2 billion in revenues in the first three quarters of 2015, and over 17,000 employees.
Qtel was formally established under Law No. 13 of 1987.
In 2006, Qtel launched 3G services and announced a series of initiatives, including an equity partnership with AT&T in NavLink, international high- speed mobile data (GPRS) roaming services and the launch of IP (Internet Protocol) and telephony services.
In 2010, Qtel launched its Mobile Money service and upgraded its 3G network.
In 2012, Qtel continued its roll-out of the nationwide Qtel Fibre network, offering packages with download speeds of up to 300 Mbit/s and HDTV + ooredoo TV . Qtel also began the trial phase of its 4G LTE mobile broadband service.
In February 2013, Qtel officially rebranded as Ooredoo.
In 2015, Ooredoo Qatar announced the launch of Ooredoo SuperNet in one of the most significant network evolutions in Qatar's history. The company introduced three-band carrier aggregation, building on its position of being the first and only company to combine 20+10 MHz bands on its 4G+ network.
Ooredoo Oman was formerly known as Nawras, which was launched in Oman in 2004. The company has been listed on the Muscat Securities Market since 2010.
In November 2014, Nawras officially rebranded as Ooredoo Oman.
Ooredoo Oman provides landline voice services to business and residential customers. It also provides a range of prepaid and post-paid mobile phone plans, and broadband internet service, both home and mobile (3G+).
The home broadband and voice service is powered by WiMAX (Worldwide Interoperability for Microwave Access) technology. Ooredoo Oman was first to deploy 3G+ in Oman and is the only operator to deploy WiMAX commercially in Oman.
In October 2015, Ooredoo Oman was recognised as one of Oman's Top 20 Performing Companies for the fifth consecutive year.
Ooredoo Kuwait's operations began in December 1999 as Wataniya Telecom when it launched wireless services as the second operator in the country.
In March 2007, Ooredoo acquired Kuwait's Wataniya Telecom for US$3.8 billion.
In May 2014, Wataniya Telecom officially rebranded as Ooredoo Kuwait.
Asiacell, the first mobile telecommunications company in Iraq, was established in Sulaymaniyah in 1999.
In August 2007, Asiacell bid and won a 15-year national license, becoming the GSM telecom operator with the largest long-term network coverage in Iraq. To handle new business operations, Asiacell also simultaneously established new executive offices in Baghdad, Basra, and other major cities in Iraq.
Ooredoo Algeria's operations began in 2004 as Nedjma, positioned as the first multimedia operator in Algeria.
In November 2013, Nedjma officially rebranded as Ooredoo Algeria.
Ooredoo Algeria introduced the first EDGE network in the country in 2004 and launched 3G services in Algeria in December 2013.
Ooredoo Tunisia was founded in May 2002 as Tunisiana and began commercial operations in December the same year.
In April 2014, Tunisiana officially rebranded as Ooredoo Tunisia.
Ooredoo Maldives' operations began in February 2005 as Wataniya Maldives, after it was selected during a competitive bidding process with three other companies.
In December 2013, Wataniya Telecom officially rebranded as Ooredoo Maldives.
Indosat was founded in 1967 and began as a commercial international telecommunications service provider (IDD) in September 1969. It is partially owned by the Indonesian government.
In November 2015, Indosat officially rebranded as Indosat Ooredoo.
In June 2013, Ooredoo was chosen as one of the two successful applicants among 90 bidders to be awarded a license to operate in Myanmar, considered one of the Asia's last remaining greenfield telecom markets.
Formal licenses were granted in January 2014, and Ooredoo pledged an investment of $15 billion to develop Myanmar's telecoms sector, with plans to cover 75 per cent of the population in five years.
Capacity Global Carrier Awards named Ooredoo Best Middle Eastern wholesale carrier for delivering successful services within a global marketplace.
Ooredoo was named Best Mobile Operator at World Communication Awards in recognition of the significant progress achieved in 2013, become the leading provider of 4G services in the Persian Gulf region, launching 4G mobile broadband networks in Qatar, Oman and Kuwait.
Ooredoo group's major investment in 4G and fiber technology received the Technology Investment of the Year award at CommsMEA Awards.
The success of the company's rebranding and broadband innovation won Ooredoo the "Operator of the Year" honour at the TMT Finance ME Awards.
GSMA's Connected Women: Leadership in Industry Award was awarded to Ooredoo for initiatives aimed at growing the female digital economy.
29 awards and the Grand Stevie were presented to Ooredoo at the International Business Awards (IBAs). Recognition of Ooredoo's telecom industry leadership in emerging markets came in the form of three Gold Stevie Awards including being named the Middle East and North Africa's Most Innovative Company of the Year.
Ooredoo believes in mobile technology and mobile broadband as a way to enable social and economic progress in all of the markets in which it operates.
Ooredoo's social responsibility initiatives are aligned closely with the United Nations Global Goals set out in 2015, specifically to eradicate extreme poverty, improve the lives of people and create an all-round healthier world for tomorrow.
Ooredoo has committed to help women overcome social and economic barriers which restrict their development.
Through Ooredoo's Asiacell subsidiary in Iraq, Ooredoo is challenging low mobile penetration amongst women. With the Almas scheme, more than 2 million women have been connected to friends and family.
Ooredoo's enabling youth programme seeks to improve the life chances of young people by using technology to help them realise their potential. In Myanmar, Ooredoo has transformed public libraries into hubs for the community where essential technology skills can be learnt.
Mobile Health Clinics
Ooredoo Mobile Health Clinics work to improve healthcare across the globe, particularly in underserved communities. In 2013 Ooredoo partnered with The Leo Messi Foundation and pledged to reach over 2 million young people across Algeria, Indonesia, Myanmar and Tunisia by 2016. This is being achieved through clinics that travel to rural communities to provide free medical treatment and education.
Ooredoo works to provide assistance and emergency relief aid to those affected by natural disasters in the markets in which it is active. During a water crisis in the Maldives in 2014, Ooredoo created a Water Crisis Helpline to provide information about the crisis to concerned or affected citizens. The company deployed technology to locate water trucks distributing bottled water across the island, combining this with communications technology to share the location with citizens.
Ooredoo partners with leading organisations in the technology and telecom sectors to promote inclusive access to digital services, exploit synergies and share resources.
Ooredoo's Indosat Free Basics, a mobile broadband service launched exclusively in partnership with Facebook. In doing so, Ooredoo has given over 1 million people in Indonesia access to the internet. Internet.org is a Facebook-led initiative aimed at making internet access available to the two-thirds of the world's population who have never been connected to the internet before.
Ooredoo partnered with Rocket Internet to launch Asia Pacific Internet Group to jointly develop eCommerce and other digital services in Asia. Ventures range from online retail and marketplaces to payment services in markets as diverse as Myanmar to Australia.
Ooredoo partnered with Telefónica to find synergies in key areas such as technology projects, common approach to multinational clients for M2M, managed mobility and data services, staff development and training programs, international wholesale and various others.
MIT Media Lab
Ooredoo partners with the MIT Media Lab to support cutting-edge research and development of an "Innovation Ecosystem" in Southeast Asia. Over the years, the partnership has developed a new generation of solar-powered compact base stations and launched mobile value-added services such as mobile money and mobile health.
Leo Messi has worked with Ooredoo since 2013 as their global brand ambassador. As part of the partnership, Ooredoo and the Leo Messi Foundation have developed and sponsored projects to stimulate human growth and development across the Middle East, North Africa and Southeast Asia.
Ooredoo also launched a campaign called 'Simply do wonders' where fans across the world were encouraged to upload videos of their street skills onto an Instagram account.
Ooredoo has sponsored the French Ligue 1 club Paris Saint-Germain since 2013. The football club and Ooredoo have collaborated on football community coaching programmes for youth around the world to support human growth. Ooredoo and Paris Saint-Germain also launched a digital campaign called 'Fans do wonders' where fans around the world were connected with Paris Saint- Germain's star players using Ooredoo's internet network.
The Paris Saint-Germain Academy by Ooredoo clinics, run by Evolution Sports Academy, are designed to educate, motivate and encourage young football players, and potentially connect them with a range of new life opportunities.
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