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Ooredoo Group revenue falls 7% in Q2
2020-07-29 08:58:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group said its revenue for the second quarter decreased by 7 percent to QAR 6.82 billion, and EBITDA dropped 6 percent to QAR 2.97 billion. Net profit however increased by 3 percent to QAR 432 million compared to QAR 421 million in 2019.
Ooredoo Kuwait revenue falls 5% in H1, customer base down 3%
2020-07-23 09:38:00| Telecompaper Headlines
(Telecompaper) Ooredoo Kuwait said that revenues decreased by 5 percent to KWD 294.1 million in the first six months to 30 June from KWD 310.4 million a year earlier. Revenues in Kuwaiti dinars were hit by lower sales in Kuwait, substantial support for local customers free of charge, a decrease in Algerian revenue mainly due to the weak economic environment, currency devaluation, price competition and the impact of Covid-19 and related business limitations in all operations.
Tags: down
customer
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falls
Ooredoo Group revenue rises 1% to QAR 7.3 bln in Q1, customer base up 6%
2020-04-30 09:15:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group said revenue for the first quarter ended 31 March increased by 1 percent to QAR 7.3 billion from QAR 7.19 billion in Q1 2019, supported by robust growth in Indonesia, Tunisia, Myanmar and other markets. That growth was partially offset by a Covid-19 impact, lower handset sales, and macroeconomic weakness in some of other markets. EBITDA declined by 5 percent year-on-year to QAR 3.02 billion from QAR 3.73 billion, hit by measures to contain the spread of Covid-19 in many territories as well as challenging market conditions in Algeria, Kuwait and Oman.
Ooredoo Group selects Huawei for 5G network in 5 countries
2020-03-09 08:45:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group and Huawei have announced a strategic partnership to launch 5G networks across five countries Kuwait, Oman, Indonesia, Tunisia and Maldives over the next five years. Ooredoo will leverage Huawei's 5G SingleRAN radio platform with advanced Massive MIMO technology and the 5G Cloud Core with a convergent platform to transform its existing mobile networks. The network upgrade will provide customers with the latest 5G technologies and services.
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group
network
countries
Ooredoo embraces Huawei for five 5G markets
2020-03-09 01:00:00| Total Telecom industry news
The US’ ecopolitical might is nothing if not far reaching, but it seems there are some companies who will simply not be swayed. Ooredoo has today announced a five-year deal with Huawei, aiming to use the Chinese giant’s tech in five markets: Kuwait, Oman, Indonesia, Tunisia…read more on TotalTele.com »
Tags: markets
embraces
huawei
ooredoo