Ooredoo is enhancing people’s digital lives.
Ooredoo’s commitment to lead the market in innovation and become a digital partner of choice has borne fruit. This was evident when Ooredoo Group reported that its net profit attributable to the
shareholders reached QR841m for the first half of 2019.
Ooredoo Qatar continued to hold a strong leadership position at the end of the first half of 2019, with both fixed line and mobile networks ranking among the fastest globally. Ooredoo Qatar maintained its fibre rollout programme which now covers 423,000 homes in Qatar. Ooredoo continues to be a data leader in its markets with 4G networks now available in 8 of Ooredoo’s 10 markets, while 5G is available in Qatar and Kuwait.
Sheikh Abdulla bin Mohammed bin Saud Al Thani, Chairman of Ooredoo, said: “We are making excellent progress with our digital strategy. We remain focused on providing reliable connectivity and innovative products to our customers and are proud to be at the forefront of the global 5G revolution. In our home market in Qatar, we now have around 100 live 5G sites as we prepare our network to cater to the future needs of our customers. We are proud to play our role in facilitating a tremendous opportunity that 5G will bring to people and business.”
Sheikh Saud bin Nasser Al Thani, Group Chief Executive Officer of Ooredoo, said: “During the period we invested further into our networks while at the same time improving the profitability of the company. Indosat Ooredoo continued to turn around its business delivering robust growth. In Oman, customer base grew by 5 percent, while in Myanmar the customer base surged 19 percent. In Algeria, the data traffic more than doubled year on year. We believe that we have made the right investments and strategy to ensure long term value for our shareholders, customers and countries we operate in.”
Ooredoo continued to lead in 5G adoption. At the 2019 Amir Cup final, Ooredoo Qatar showcased its 5G capabilities, achieving data speeds of up to 1.2 Gbps on 5G handsets and delivered more than 6 TB of mobile traffic during the event.
Ooredoo Qatar conducted 5G trials with a ‘Virtual Stadium’ at Mall of Qatar and deployed a 5G-connected ambulance for the final of the Amir Cup in May. It also launched Ooredoo Sports, an innovative conversational Artificial Intelligence platform for sports fans that leverages AI and Augmented Reality technologies.
The company deployed a diverse range of Internet of Things solutions and enabled the digital transformation of several leading organisations through partnerships. Ooredoo continues to expand and evolve, reaching new customers and new markets around the world with new and innovative technology.
