5G leadership helps Ooredoo steady performance in Qatar

      Published on Sunday, 16 February , 2020      0 Views     
5G leadership helps Ooredoo steady performance in Qatar

  • Technology

Ooredoo Qatar delivered a steady performance in 2019, building on its “global leadership” in 5G services to provide an ‘excellent online experience for customers.

Ooredoo Qatar revenue stood at QR7.3bn, impacted by a fall in handset sales but enhanced by business-to-business growth. Ooredoo Qatar reported stable EBITDA of QR4bn with an increased EBITDA margin of 54%.

Customer numbers were 3.3mn by year-end in line with 2018.

Ooredoo Qatar‘s ‘strong 5G presence continued to be well received by customers, while an enhanced portfolio of digital services contributed to a growth in post-paid customers.

The new Ooredoo ONE ‘all-in-one’ home service increased the number of digital entertainment customers.

A focus on cost optimisation, through multiple initiatives and further digitisation, helped to boost efficiency throughout 2019.

The increasing range of online and digital channels for self-service and self-care made it easier for customers to find, buy and use Ooredoo services in Qatar.

‘Ooredoo Qatar managed to improve EBITDA margins from 52% in 2018 to 54% in 2019 and demonstrated readiness to support major sporting events with a flawless application of 5G stadium technology during the final round of the FIFA Club World Cup in Doha, said Ooredoo Group CEO Sheikh Saud bin Nasser al-Thani.

Category Technology | 2020/02/16 latest update at 5:47 PM
Source : | Photocredit :
Comments Add comment

Gulf Media

Related Articles

The editorial staff of Qatar Today would like to give all of its readers from Gulf and Qatar and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Qatar Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Qatar, the Gulf and the world.