GEC NEWS WIREOoredoo Reports Q1 Revenue of QAR 8 billion Customer Numbers up by 14% to 111 million
Ooredoo has revealed the results for the first quarter ended 31 March 2015.
Ooredoo reports Q1 revenue of QAR 8 billion and customer numbers up by 14% to 111 million.
Commenting on the results, His Excellency Sheikh Abdulla Bin Mohammed Bin Saud Al-Thani, Chairman of Ooredoo said, “Our customers are benefiting from our services delivered over our ultra-high-speed networks, while Ooredoo positions itself to be at the digital heart of our customers’ lives. Our results for the first quarter of 2015 demonstrate the diversity of Ooredoo’s services that has attracted an increasing number of customers.”
Also commenting on the results Dr. Nasser Marafih, Group Chief Executive Officer of Ooredoo said, “Our B2B strategy also continues to drive growth of customers and revenue, as we harness the value of creating business-focused communications services across our markets. Results have been strong in our home market, Qatar and in Oman. We are facing challenges in some of our markets including high levels of competition, adverse currency movements and the security situation in Iraq. However, we remain optimistic about the future potential of our strategy to generate long-term value.”
