0
Wireless

Ooredoo Group revenue falls by 6% to QAR 7.2 bln in Q1

Wednesday 1 May 2019 | 15:52 CET | News
Ooredoo Group revenue decreased by 6 percent year-on-year to QAR 7.2 billion in the first quarter, largely driven by a reduction in handset sales, an industry wide shift from voice services to data services, as well as macroeconomic and currency weakness in some of the company's markets. The increased monetization of its data business, with significant data growth coming from consumer and enterprise customers lifted data revenue to 50 percent of group revenue. Revenue from data contributed QAR 3.6 billion.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Ooredoo
Countries: Middle East
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ooredoo Group hosts annual capital markets day

Published 20 Jun 2019 11:27 CET | Middle East
Ooredoo Group hosted its annual capital markets day in Doha on 19 June, where the senior leadership team presented an update on ...

Aviat Networks signs global supplier frame deal with Ooredoo Group

Published 15 May 2019 10:37 CET | Middle East
Aviat Networks has announced a five-year global supplier frame agreement with the Ooredoo Group, which has ten operating ...

Ooredoo Qatar lifts revenue in Q1, amid stable subscribe base

Published 01 May 2019 15:44 CET | Qatar
Ooredoo Qatar said revneues for the first quarter slipped to QAR 1.83 billion from 1.98 billion the year before, with stable ...

Ooredoo Oman customer base unchanged at 3 mln in Q1

Published 01 May 2019 15:37 CET | Oman
Ooredoo Oman's customer base remained stable at 3.0 million at end March. Revenues increased 1 percent to QAR 650 million in the ...

Indosat Ooredoo subscriber base declines 45% to 53.3 mln in Q1

Published 01 May 2019 15:27 CET | Indonesia
Indosat Ooredoo customer numbers reduced by 45 percent year-on-year to 53.3 million at end March. The operator showed further ...





Calendar   /   Industry Events

20 Aug Africa Peering and Interconnection Forum
21 Aug Ice Group Q2 results
21 Aug Spark FY results
21 Aug Analog Devices fiscal Q3
21 Aug Zayo fiscal Q4
21 Aug Vodafone Iceland Q2 2019
21 Aug FTTH India Congress 2019
22 Aug China Telecom H1 2019
22 Aug VMware fiscal Q2
22 Aug Sunrise Q2 2019
22 Aug Vocus FY results
22 Aug Sky NZ FY results
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug MNF Group FY results
27 Aug Connected Health Summit
::: More Calendar Items