This is an update of Ooredoo Group's activities, covering mobile, fixed broadband, pay TV, operator initiatives, and consumer market trends.
- Ooredoo's revenue for 2018 declined by 8% YoY, and was primarily impacted by exchange rate weakness in emerging markets as well as the market situation in Indonesia following the new SIM card registration regulation. The Group's EBITDA decreased by 11%, from QAR13.64bn ($3.72bn) in 2017 to QAR12.20bn ($3.35bn) in 2018.
- Qatar, Ooredoo's home market, contributes over 26% to the group’s revenue, and saw mobile ARPU growth of 1.1% YoY at QAR114.99 ($31.57) at end-4Q18, while in Indonesia, which contributes to over 51% of the group’s mobile subscriber base, ARPU has grew by 21.5% YoY to QAR6.05 ($1.66).
- Ooredoo is aiming to digitally transform its business by focusing on consumer content, enterprise, connectivity, and digital services such as mobile payments and smart solutions. In May 2018, Ooredoo became one of the first operators in the world to announce its 5G network launch in Qatar.
Features and Benefits
- Assesses Ooredoo's 2018 operational and financial performance.
- Analyzes Ooredoo's strategic initiatives and key developments over 2018.
Key questions answered
- What are the strategies adopted by Ooredoo to grow revenue and subscriber base despite intense competition?
- What are Ooredoo's latest activities and priorities in digital services development and transformation?
Table of contents
Ooredoo Group Update, April 2019