Ooredoo Qatar recorded YoY increase of 3% in revenue to QR1.9bn in first quarter of the year (Q1, 2023).
This was driven by growth in B2B fixed services, Ooredoo tv, Ooredoo Financial Services and handset sales. EBITDA improved by 1% YoY with a healthy margin of 51%.
Ooredoo Qatar customer base stood at 3.4mn, up 6% YoY with a slight decline of 250,000 customers compared to Q4, 2022, as anticipated after the World Cup.
Overall, Ooredoo Qatar kicked off the year with several transformations to its services, a first in Qatar. It launched Microsoft teams as a new service for its business customers and announced the upcoming readiness of innovative technology Fibre to the Room (FTTR), a new revolutionary solution for home Internet customers. Most recently, during the holy month of Ramadan, Ooredoo launched a few CSR activities under its campaign ‘Connecting and Giving.’
