Oooredoo Ooredoo, formerly known as Qtel Group, 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 South-East Asia. As a community-focused company, 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 in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives and Indonesia. The company reported revenues of $9.3 billion U.S. dollars in 2012 (QAR 33.7 billion) and had a consolidated global customer base of more than 92.9 million as of 31 December 2012. Ooredoo’s ultimate parent company is Ooredoo Q.S.C. (formerly Qatar Telecom (Qtel) Q.S.C.), whose shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.
Palestine Investment Fund (PIF)
One of our major investors is the Palestine Investment Fund, an independent Palestinian investment company committed to maximizing the fund’s value for its primary shareholders, namely, the Palestinian people. PIF’s vision is to create an environment that stimulates investment in, among other things, telecommunications, real estate, tourism, and energy. In doing so, PIF contributes to the creation of a suitable environment for investment, sustained economic development and employment generation.
Wataniya Telecom
Wataniya Telecom (National Mobile Telecommunications Company K.S.C.) was commercially launched in 1999 as the first privately owned mobile operator in Kuwait. It now enjoys an important presence in the Middle East and North Africa with operations in Kuwait, the Maldives, Saudi Arabia, Tunisia, Algeria and Palestine. With an original investment of 51% in 2007, Qatar Telecom (Qtel) currently has a 52.5% interest in Wataniya Telecom.
Ooredoo, formerly known as Qtel Group, 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 South-East Asia. As a community-focused company, 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 in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives and Indonesia. The company reported revenues of $9.3 billion U.S. dollars in 2012 (QAR 33.7 billion) and had a consolidated global customer base of more than 92.9 million as of 31 December 2012. Ooredoo’s ultimate parent company is Ooredoo Q.S.C. (formerly Qatar Telecom (Qtel) Q.S.C.), whose shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.