0
Wireless

Ooredoo Kuwait customer base rises to 2.6 mln in Q3

Wednesday 30 October 2019 | 13:39 CET | News
Ooredoo Kuwait's customer base increased to 2.6 million at end of September, up by 13 percent from the year before, and driven by a strong uptake in data and voice packages, as well as promotions. Revenues decreased to QAR 2 billion from 2.2 billion, mainly due to a reduction of handset sales. The EBITDA margin for the first nine-months of the year improved to 31 percent from 20 percent, supported by fewer handset sales, better market pricing and a positive IFRS 16 impact. 

Thank you for visiting Telecompaper

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: Kuwait
::: add a comment
This article is part of dossier

5G


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 Kuwait picks Fortinet to deliver SD-WAN managed service to enterprise customers

Published 22 Nov 2019 11:28 CET | Kuwait
Fortinet was chosen by Ooredoo Kuwait, a part of Ooredoo Group, to provide it with a SD-WAN managed service. Fortinet Secure ...

Ooredoo Kuwait H1 EBITDA rises by 47% amid cost optimisation and better product mix

Published 30 Jul 2019 09:33 CET | Kuwait
Ooredoo Kuwait reported a 47 percent growth in EBITDA in the first half of 2019 to QAR 432 million compared with the same period ...

Ooredoo Kuwait launches 5G commercial broadband services

Published 20 Jun 2019 14:49 CET | Kuwait
Ooredoo Kuwait said it has commercially launched 5G service, offering customers faster mobile broadband internet. Prior to the 5G ...

Ooredoo Kuwait group revenue falls 12% in Q1

Published 25 Apr 2019 09:53 CET | Kuwait
Ooredoo Kuwait group said consolidated revenue decreased by 12 percent from the year before to KWD 154.2 million in the first ...

Ooredoo Kuwait launches unit to provide personalised mobile products

Published 20 Mar 2019 15:07 CET | Kenya
Ooredoo Kuwait has launched ANA, a unit to provide personalised mobile products, together with  Matrixx Software, a Silicon ...

Ooredoo Kuwait FY revenue up 9% to QAR 2.9 bln

Published 14 Feb 2019 09:21 CET | Kuwait
Ooredoo Kuwait reported a strong revenue increase of 9 percent to QAR 2.9 billion last year, supported by rising device sales, to ...

Ooredoo Kuwait group revenue falls 7% in Q4

Published 08 Feb 2019 09:30 CET | Middle East
Ooredoo Kuwait group's revenue fell 5 percent to KWD 665 million in 2018. In local currency terms, Kuwait, Tunisia, Maldives and ...

Ooredoo Kuwait's My Ooredoo app exceeds 1 million downloads

Published 04 Feb 2019 13:31 CET | Kuwait
Ooredoo Kuwait announced that its smartphone application My Ooredoo has exceeded 1 million downloads and is currently ranked in ...

Ooredoo Kuwait launches Shamel Home basic plan with residential and mobile internet

Published 17 Dec 2018 13:44 CET | Kuwait
Ooredoo Kuwait has announced the launch of a new internet bundle under the name Shamel Home basic plan, offering fibre internet ...

Ooredoo Kuwait launches 'My Country' roaming bundles

Published 13 Dec 2018 11:18 CET | Kuwait
Ooredoo Kuwait has announced the launch of 'My Country' roaming bundles that can be used in 11countries, namely Qatar, Saudi ...

Ooredoo Kuwait appoints Kawar as chief operating officer

Published 03 Dec 2018 14:02 CET | Kuwait
Ooredoo Kuwait has announced the appointment of Fadi Kawar as chief operating officer. Kawar has almost 30 years of experience ...

Ooredoo Kuwait group revenue falls 4%, net profit halves in 9 mths

Published 29 Oct 2018 08:09 CET | Middle East
Revenues at Ooredoo Kuwait, formerly Wataniya Telecom, decreased by 4 percent to KWD 502.4 million in the first nine months of ...

Ooredoo Kuwait introduces eSim to its network

Published 26 Oct 2018 19:43 CET | Kuwait
Ooredoo Kuwait has announced that the eSim is now commercially available on its network. The operator said it is the first to ...

Ooredoo Kuwait provides private cloud for SAP software

Published 09 Oct 2018 14:57 CET | Kuwait
Ooredoo Kuwait announced an agreement with SAP to provide a partner-managed cloud for SAP software. Ooredoo will offer a ...