Ooredoo
Ooredoo Q.P.S.C. is a Qatar-headquartered international telecommunications group delivering mobile, fixed, broadband, cloud, AI, and managed enterprise services to 147 million consumers and 200,000+ organizations across nine markets in MENA and Southeast Asia.
- Company typePublic
- Founded1987
- HeadquartersDoha, Qatar
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Ooredoo does
Ooredoo Q.P.S.C. is a Qatar-headquartered international telecommunications group operating mobile, fixed-line, broadband, and managed enterprise services across 9 markets (Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, Maldives, and Indonesia via the IOH joint venture), serving 147.1 million customers as of FY 2025. The group is publicly listed on the Qatar Stock Exchange and Abu Dhabi Securities Exchange under ticker ORDS, holds investment-grade ratings of A2 (Moody's) and A (S&P), and is approximately 68% owned by Qatar Government Related Entities.
The company's core technology stack combines 5G radio access networks (Ericsson-deployed in Qatar at 2.3 GHz), 20+ submarine cable systems across 10 landing points in 5 countries delivering 720 Tbps aggregate capacity (FIG cable with Alcatel Submarine Networks), 26+ data centers, and AI-ready GPU infrastructure powered by NVIDIA Hopper accelerators. Ooredoo was the first operator in the world to launch 5G commercially (2018) and now operates an integrated Cloud + AI + IoT + Managed Security stack, including a proprietary CooL-LLM for data center cooling optimization and a Sovereign AI Cloud with local data residency in Qatar. Strategic carve-outs Syntys (data centers), Al Abraj (passive tower infrastructure in Qatar), and Ooredoo Fibre Networks/OFN (international connectivity) constitute a coordinated transformation of the group from a connectivity provider into a digital infrastructure operator.
The business model is anchored in recurring subscription revenue from consumer mobile/broadband and enterprise managed services, supplemented by transaction-based fintech (Ooredoo Fintech/walletii processing over $6B in transactions with 400,000 Qatar users and 21% international remittance share), wholesale carrier services to 700+ global roaming partners, and emerging managed-services revenue from Syntys data centers and OFN connectivity. FY 2025 revenue reached QAR 24.6 billion (~$6.8B, +6% YoY excluding Myanmar exit) with net profit of QAR 3.9 billion (~$1.07B, +12% YoY), marking the fourth consecutive year of double-digit profit growth. The company operates sales-led go-to-market via direct retail stores, e-commerce, dedicated B2B field sales, and channel partnerships, with pricing models ranging from monthly consumer subscriptions to quote-based annual enterprise contracts.
Ooredoo firmographics
Firmographics- Name
- Ooredoo
- Legal name
- Ooredoo Q.P.S.C.
- Website
- https://ooredoo.com
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Ooredoo Q.P.S.C. is a Qatar-headquartered international telecommunications group delivering mobile, fixed, broadband, cloud, AI, and managed enterprise services to 147 million consumers and 200,000+ organizations across nine markets in MENA and Southeast Asia.
- Ownership category
- akta.pro rank
Ooredoo industry classification
Industry- Product category
- Telecommunications Services
- NAICS
- Wireless Telecommunications Carriers (except Satellite) (517112)
- SIC
- Services-Telephone Interconnect Systems (7385)
- akta.pro primary industry
- International Money Transfer Operators (MTOs) (FSAMAIAE)
- akta.pro secondary industries
- Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ), Billing, Payments & Subscription Management (MPAHAJAC)
Keywords
Where Ooredoo is headquartered
LocationHeadquarters
- HQ city
- Doha
- HQ country
- Qatar
- HQ region
- Middle East
Offices9 records
Markets served
Ooredoo business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Telecommunications Services: Mobile and fixed-line voice and data services for consumer and business customers across 9 operating markets including Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, Maldives, and Indonesia (through IOH joint venture). Core revenue stream from mobile subscriptions, prepaid services, and data packages.
- Enterprise/B2B Solutions: Business services including 5G, IoT, fleet management, data hosting, cloud, network infrastructure, and cybersecurity solutions serving over 200,000 organizations. Also includes carrier services, global roaming, and API services.
- Fintech Services: Digital financial services including mobile wallets, payment solutions, and remittance services. Ooredoo Fintech (OFTI) processing over $6 billion in transactions with 400,000 users in Qatar and 21% market share in international remittances.
- Data Center Services: Syntys, the carrier-neutral data center company spun off from Ooredoo, provides hyperscale and AI-ready data center infrastructure across MENA region with plans to scale capacity beyond 120MW.
- International Connectivity Infrastructure: Ooredoo Fibre Networks (OFN) manages submarine cable systems and terrestrial transport fiber, including the FIG subsea cable providing 720Tbps capacity across 7 countries, targeting growth from 3% to 12% of Group revenues.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Consumer mobile plans with 5G speeds available in Qatar |
| Subscription | Annual | Enterprise B2B solutions including IoT, cloud, and managed services |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Ooredoo product offering
Product offeringCore offering
Ooredoo delivers mobile, fixed-line, broadband internet, cloud, AI, IoT, managed security, fintech, and international connectivity services to consumers and businesses across nine markets in the Middle East, North Africa, and Southeast Asia. The company serves roughly 147 million customers and is repositioning itself from a traditional telco into a digital infrastructure provider through standalone entities for data centers (Syntys), subsea cables (Ooredoo Fibre Networks), and towers (Al Abraj). Revenue is generated primarily through consumer mobile subscriptions, enterprise connectivity contracts, managed services, fintech transaction fees, and data center capacity sales.
Product overview
Ooredoo is a leading international communications company operating across the Middle East, North Africa, and Southeast Asia, serving nearly 150 million customers across nine markets. The company offers a comprehensive portfolio of products and services organized around core connectivity (mobile, fixed, broadband), cloud and AI infrastructure, IoT solutions, managed security, fintech (OFTI), and international connectivity infrastructure. Key products include Ooredoo tv for entertainment, Syntys for data centre infrastructure, Ooredoo Fibre Networks (OFN) for international connectivity including FIG subsea cable, and Al Abraj for tower infrastructure. The company has partnered with global technology leaders including NVIDIA, Google Cloud, Microsoft Azure, Dell Technologies, and Iron Mountain to deliver AI-ready cloud services, GPU-accelerated computing, and sovereign AI capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Syntys: Digital infrastructure company focused on AI-ready hyperscale data centers across MENA region
- Al Abraj
- Ooredoo Fibre Networks (OFN)
- walletii
- Ooredoo tv
- Ooredoo Business
Products and services
- Mobile & Fixed Connectivity
- Cloud & AI for Business
- IoT Solutions
- Managed Security Services
- OFTI (Ooredoo Fintech)
- Syntys
- Ooredoo Fibre Networks (OFN)
- Al Abraj
- Global Roaming Services
- Ooredoo tv
- API Services
Quantifiable outcome
- 20-30% energy savings in data centers through CooL-LLM AI cooling optimization
- +4 more outcomes
Companies that use Ooredoo
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Ooredoo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability13 records
Feature5 records
Ooredoo partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered minor and core.
- eCLUTCHminoreCLUTCH, the hybrid esports platform powered by iKOMG, announced distribution and content partnership with Ooredoo across MENA markets, expanding its reach to 19 MENA markets through telecom operator distribution.
- ITU Partner2ConnectcoreOoredoo Group pledged USD 500 million investment in submarine and terrestrial optical fibre across the MENA region under ITU's Partner2Connect Digital Coalition at Mobile World Congress 2026, targeting connection of 2.2 billion people still offline globally.
- Dell TechnologiescoreMoU signed in Doha to deliver AI-as-a-Service through Ooredoo's Sovereign AI Cloud, powered by Dell infrastructure. Collaboration aims to provide organizations with secure, scalable AI capabilities hosted within locally governed cloud infrastructure in Qatar to drive digital transformation across industries.
- Google CloudcoreExpanded collaboration with Google Cloud to accelerate digital innovation and new revenue models, leveraging Google Cloud's infrastructure and AI capabilities across Ooredoo's markets.
- Qatar Development Bank (QDB)coreEstablished 'Digital & Beyond Ventures' investment platform at Web Summit Qatar 2026, evolving joint incubator into jointly owned investment vehicle focused on Qatar-based advanced technology startups. Platform has supported more than 35 startups with QR4 million in investment since 2016, aiming to invest in approximately 10 startups annually.
- Polystar (Elisa Industriq)coreFramework agreement to deploy advanced mobile and fixed broadband analytics solutions across Ooredoo networks, replacing multiple vendor solutions with unified platform incorporating OSIX Monitoring, Kalix Analytics, and Kalix DataOps capabilities with AI and DataOps integration.
- QvantelcoreMulti-year partnership renewal with Qvantel following successful full-stack revenue management upgrade using Optiva's real-time charging and billing solutions. Enhanced platform enables Ooredoo Palestine to accelerate time to market, expand product portfolio, and drive data monetization capabilities.
- GSMA AdvanceminorOoredoo gained People Excellence Partner status for its commitment to workforce development, providing employees access to GSMA's accredited courses in areas such as 5G, IoT, and spectrum management.
- UNDPminorLaunched Digital Policy Framework at GSMA Mobile World Congress in Doha to help Arab States develop inclusive digital policies focusing on digital infrastructure expansion, trust and data governance, and national AI readiness.
- NVIDIAcoreCooperation agreement with NVIDIA to deploy AI/HPC GPU accelerators including H200 and A6000 across data centers in five countries including Qatar, Oman, and Kuwait. Ooredoo became the region's first Nvidia Cloud Provider, boosting 26 data centers with AI capabilities and investing $1 billion to increase data center capacity by 65% by 2030.
- SyntyscoreSyntys enables Ooredoo's sovereign AI cloud services in Qatar through high-performance, GPU-ready data centers powered by NVIDIA Hopper GPUs with advanced cooling and fault-tolerant design specifically engineered for AI workloads.
- Iron MountaincorePartnership with Iron Mountain to expand data center operations across MENA region, with Iron Mountain providing global operating expertise including specialized advice on design, construction, and daily operations of data centres.
- Iron MountaincoreLandmark strategic partnership where Iron Mountain took a minority equity stake in Ooredoo's carrier-neutral data centre company (MENA Digital Hub/Syntys) to expand hyperscale and AI data centre infrastructure across MENA. Partnership combines Ooredoo's local development expertise with Iron Mountain's global operating experience in data centre design, construction, and operations. USD 1 billion investment plan to scale capacity beyond 120MW.
- EricssoncoreMulti-year partnership for Ericsson to supply and deploy advanced Radio Access Network and Microwave backhaul solutions across Qatar, including nationwide 5G layer deployment at 2.3 GHz spectrum, indoor and outdoor site expansion, multiband microwave backhaul up to 25 Gbps, and spectrum refarming for 4G/5G services.
- Zain Group and TASC Towers HoldingcoreStrategic partnership to combine tower assets of Ooredoo and Zain with TASC Towers, creating the largest tower company in MENA with approximately 30,000 towers and enterprise value of USD 2.2 billion. Transaction expected to close in 2024-2025 pending regulatory approvals, with expected run-rate revenues of close to $500 million annually.
- Alcatel Submarine NetworkscoreBuilding the Fiber in Gulf (FIG) subsea cable system with Alcatel Submarine Networks, spanning approximately 1,931km with 720Tbps capacity across seven countries including Qatar, Oman, UAE, Bahrain, Saudi Arabia, Kuwait, and Iraq, expected to complete Q4 2027.
- stc GroupminorMoU to establish strategic collaboration aimed at enhancing the ICT ecosystem and expanding digital services across the MENA region. Partnership leverages combined strengths of both companies to meet growing global demand and support regional digital transformation.
Scale indicators20 records
Recent moves6 records
Expansion highlights6 records
Ooredoo competitors and assessment
Company assessmentDirect peers
- Zain Group: Kuwait-based multi-market MENA telecom operator serving 50M+ customers across 8 countries including Iraq, Sudan, Jordan, Bahrain, and Saudi Arabia. Closest direct peer to Ooredoo given overlapping MENA footprint, similar tower carve-out strategy (partnered with TASC alongside Ooredoo), and comparable enterprise/B2B diversification.
- Emirates Telecommunications Group (e&): UAE-based MENA telecom leader (formerly Etisalat) operating across 16 countries in MENA, Africa, and Asia with significant enterprise, cloud, and digital services. Directly comparable to Ooredoo as a major MENA telecom carrier pursuing digital infrastructure and international expansion strategies.
- Saudi Telecom Company (stc): Saudi Arabia's largest telecom operator with regional expansion across MENA through stc Group. Comparable in scale, government ownership structure, and aggressive diversification into data centers, cloud, and digital services including partnership with Ooredoo for MENA ICT ecosystem collaboration.
- Emirates Integrated Telecommunications (du): UAE-based telecom operator offering mobile, fixed, broadband, and enterprise services. Direct business partner as landing partner for Ooredoo's FIG subsea cable in UAE and comparable in scale and service portfolio within a single-country operation.
- Vodafone Qatar: Qatar's second mobile operator and direct domestic competitor to Ooredoo Qatar. Comparable in services offered (mobile, 5G, enterprise, IoT) within the same regulated market, providing direct competitive benchmark for Ooredoo Qatar's performance and pricing.
Broad incumbents
- MTN Group: Larger pan-African and Middle East telecom operator with 290M+ customers across 19 markets. Broader incumbent with overlapping MENA presence and similar emerging market telecom exposure, though with greater Africa-centric footprint than Ooredoo's MENA/Southeast Asia focus.
- Telenor: Norwegian-headquartered multi-market telecom operator with significant emerging market presence across Scandinavia, Asia (Thailand, Malaysia, Myanmar, Bangladesh, Pakistan). Comparable as a multi-market emerging markets operator with similar infrastructure investment approach, though with different geographic mix.
Regional players
- Axiata Group: Malaysian-based telecom operator serving 170M+ customers across Southeast Asia in Indonesia, Malaysia, Sri Lanka, Bangladesh, Cambodia, and Nepal. Comparable multi-market Southeast Asian emerging market operator with similar digital transformation and infrastructure diversification strategy.
- Indosat Ooredoo Hutchison (IOH): Indonesian telecom operator and Ooredoo's joint venture partner with 100M+ customers. Comparable multi-market emerging market telecom operation in Southeast Asia, jointly controlled with Ooredoo holding a significant stake and serving as a key regional operating subsidiary.
- Batelco (Bahrain Telecommunications): Bahrain-based telecom operator with regional MENA presence across Bahrain, Jordan, Kuwait, Saudi Arabia, Yemen, and Egypt. Comparable regional MENA telecom carrier with enterprise and digital services offerings, though smaller scale than Ooredoo.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Ooredoo social profiles
Digital presenceOoredoo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ooredoo leadership team
Management profileNumber of profiles
Profiles17 records
Ooredoo subsidiaries and ownership
Company hierarchySubsidiaries12 records
Ooredoo funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ooredoo M&A and investment
M&A and investmentM&A1 record
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ooredoo
What does Ooredoo do?
Ooredoo delivers mobile, fixed-line, broadband internet, cloud, AI, IoT, managed security, fintech, and international connectivity services to consumers and businesses across nine markets in the Middle East, North Africa, and Southeast Asia. The company serves roughly 147 million customers and is repositioning itself from a traditional telco into a digital infrastructure provider through standalone entities for data centers (Syntys), subsea cables (Ooredoo Fibre Networks), and towers (Al Abraj). Revenue is generated primarily through consumer mobile subscriptions, enterprise connectivity contracts, managed services, fintech transaction fees, and data center capacity sales.
Is Ooredoo a public or private company?
Ooredoo is a public company. It is classified as public and is currently operating.
When was Ooredoo founded?
Ooredoo was founded in 1987. It employs 5,001 to 10,000 people.
Where is Ooredoo based?
Ooredoo is headquartered in Doha, Qatar, in the Middle East region.
How does Ooredoo make money?
Five revenue lines are on record. Telecommunications Services are the primary driver. The others are enterprise/B2B Solutions, fintech Services, data Center Services and international Connectivity Infrastructure.
Who are Ooredoo's main competitors?
Direct peers on record are Zain Group, Emirates Telecommunications Group (e&), Saudi Telecom Company (stc), Emirates Integrated Telecommunications (du) and Vodafone Qatar. Broad incumbents are MTN Group and Telenor. Regional players are Axiata Group, Indosat Ooredoo Hutchison (IOH) and Batelco (Bahrain Telecommunications).
Does Ooredoo have an API?
Yes. Ooredoo Group announced collaboration with Aduna to provide standardized telecom APIs to businesses globally through a single platform, enabling cross-border digital transactions. The partnership is part of Ooredoo's strategy to leverage the API economy and standardization efforts that began with the GSMA's CAMARA project, with gradual onboarding expected through 2027. Ooredoo also offers APIs for businesses as part of its B2B service portfolio.
What industry is Ooredoo in?
Ooredoo's product category is Telecommunications Services. Its primary akta.pro industry code is FSAMAIAE, International Money Transfer Operators (MTOs), with a secondary code of FSAGABAJ, Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails). Its NAICS code is 517112 and its SIC code is 7385.