Qatar Telecom

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Ooredoo

logo
legal form
founding 1987
Seat Doha , Qatar
management HE. Sheikh Abdullah Bin Mohammed bin Saud Al Thani
Number of employees 1,900
sales 33,207,209,000 QAR (2014)
Branch Fixed line telephony
Cellular
broadband Internet
Online services
Website www.qtel.qa

Ooredoo (formerly Qtel ) is the only telecommunications company in Qatar . The company now has more than two million customers in the field of mobile telephony in Qatar. The company currently employs around 1900 people. The company is present in 17 countries and now has 57.5 million subscribers.

Companies

Ooredoo, headquartered in Doha , was founded in 1987 by Law No. 13. Four years later, the first public telephone box was commissioned. The company has also offered online services since 1996 . Three years later, Qtel was listed on the London Stock Exchange , and from 2002 also on the Bahrain Stock Exchange .

In recent years, the company has also expanded abroad and in 2004 received another cell phone license for Oman , where it gained almost 900,000 new customers. Qtel was provider and partner at the 2006 Asian Games . In 2007 the company acquired a majority stake in the Kuwaiti telecommunications provider Wataniya Telecom for a sum of 3.8 billion US dollars. This also meant the most expensive takeover of a telecommunications provider in the Arab world . In June 2008, Ooredoo bought a 40.8 percent stake in the Indonesian company Indonesia Communications Limited (ICLM), Indonesia Communications Pte. Ltd. (ICLS) and PT Indosat Tbk . Qtel transferred a total of 1.8 billion US dollars.

In 2009 sales increased by 18.2 percent compared to the previous year and total sales amounted to QAR 24 billion .

The company has been restructured and has been operating as the Ooredoo Group since 2013 , which has subsidiaries in various countries:

Ooredoo Qatar
Founded in 1987 under the name Qtel, renamed Ooredoo in 2013
Ooredoo Oman
Founded in 2004 as Nawras, renamed Ooredoo Oman in November 2014
Ooredoo Kuwait
Established in December 1999 under the name Wataniya Telecom, 2007 takeover by Ooredoo, in May 2014 Wataniya Telecom was renamed Ooredoo Kuwait
Asiacell (Iraq)
Founded in 1999 in Sulaymaniyah, since August 2007 in possession of a license for all of Iraq
Ooredoo Palestine
Established in November 2009 as Wataniya Mobile Palestine Telecommunication Company or Wataniya Mobile
Ooredoo Algeria
Founded in 2004 as Nedjma, in November 2013 renamed Ooredoo Algeria
Ooredoo Tunisia
Founded in May 2002 as Tunisiana, in April 2014 renamed Ooredoo Tunisia
Ooredoo Maldives
Established in February 2005 as Wataniya Maldives, renamed Ooredoo Maldives in December 2013
Indosat Ooredoo
Founded in 1967 as Infosat, renamed to Indosat Ooredoo in November 2015
Ooredoo Myanmar
Established in June 2013

Web links

Individual evidence

  1. a b c d e f Milestones
  2. Working at Qtel
  3. a b c d e Vision and Corporate Profile
  4. Qtel net income climbs 20.5% on 18.2% turnover increase