National Mobile Telecommunications (OOREDOO) News - Mubasher Info
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11 June 06:00 AM

National Mobile Telecommunications (OOREDOO`R)

Last update: 10 June 01:12 PM market time.
2,019.00
908.00
81.73%
Open 1,951.00
Previous Close 1,111.00
High 2,049.00
Low 1,951.00
Stock Statistics
Volume 120,894
Turnover 240,973.98
All data are 15 minutes late during market session

News

Photo Archive
3 March 2025 10:23 AM Ooredoo appoints Acting CEO for Oman
Mubasher: National Mobile Telecommunications Company (Ooredoo) named Saoud Hamad Al Riyami as Acting CEO of Ooredoo Oman, effective from 27 February 2025. The new official succeeded Bassam Yousef Al Ibrahim following the completion of his tenure, …
Board of Directors
Photo Archive
13 January 2025 11:13 AM Ooredoo names new Chairman for Kuwait
Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Sheikh Nasser bin Hamad Al Thani as Chairman of Ooredoo Kuwait, according to a bourse disclosure. Al Thani was recently announced as the Group Regional CEO for the Middle …
Management Decisions
Photo Archive
4 November 2024 10:08 AM Ooredoo registers solid financial performance in 9M-24; revenues surpass QAR 17.6bn
Mubasher: The profits attributable to the shareholders of National Mobile Telecommunications Company (Ooredoo) rose by 10% to QAR 2.92 billion in the first nine months (9M) of 2024 from QAR 2.66 billion. Revenues grew by 2% to QAR 17.65 billion in …
Financial Results
Photo Archive
24 June 2024 10:15 AM Ooredoo partners with NVIDIA to boost AI revolution in MENA
Mubasher: National Mobile Telecommunications Company (Ooredoo) teamed up with NVIDIA Cloud Partner (NCP) to become a leading digital infrastructure provider in the MENA region. Ooredoo will leverage NVIDIA’s accelerated computing platform to help …
Global Economy
Photo Archive
13 February 2024 05:18 PM Ooredoo sees 28% higher profits in 2023; dividends proposed
Mubasher: National Mobile Telecommunications Company (Ooredoo) logged net profits attributable to the owners valued at QAR 3.01 billion in 2023, an annual rise of 28% from QAR 2.36 billion. Total revenues increased by 2% year-on-year (YoY) to QAR …
Financial Results
Photo Archive
10 December 2023 04:47 PM Saudi stc leads innovation hub project with GCC Telco Alliance; listed firms included
Riyadh – Mubasher: Saudi Telecom Company (stc) has announced the Sustainability Innovation Hub as part of its collaboration with GCC Telco Alliance members, which include leading telecom operators from Saudi Arabia, the UAE, Bahrain, Oman, and …
Companies Investments
Photo Archive
4 May 2023 02:01 PM Ooredoo sees 43% higher profits to shareholders in Q1-23
Mubasher: National Mobile Telecommunications Company (Ooredoo) posted net profits attributable to the owners valued at QAR 961 million in the first quarter (Q1) of 2023, an annual hike of 43% from QAR 671 million. The firm generated revenues worth …
Financial Results
Photo Archive
9 January 2023 06:17 PM Ooredoo names Al Thani as new CEO in Qatar
Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Ali bin Jabor Al Thani as the new CEO of Ooredoo Qatar, according to a press release. Before his new role, Al Thani served as the Chief Legal, Regulatory, and Governance …
Management Decisions
Negotiations were extended until 23 September 2021
17 August 2021 11:54 AM Ooredoo, CK Hutchison extend negotiation period to combine Indonesian businesses
Abu Dhabi - Mubasher: National Mobile Telecommunications Company (Ooredoo) and CK Hutchison Holdings Limited (CK Hutchison) have extended the period of exclusivity for the non-legally binding Memorandum of Understanding (MoU) for a possible …
Companies Investments
Al Sulaiti has occupied several roles in Ooredoo since 2004
20 May 2021 11:23 AM Ooredoo appoints new CEOs in Oman, Algeria
Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Noor Al Sulaiti as CEO of Ooredoo Oman and Bassam Yousef Al Ibrahim as CEO of Ooredoo Algeria. With over 17-year experience in the telecom industry, Al Sulaiti is the …
Management Decisions
The transaction is expected to close in Q2-2021
31 March 2021 10:31 AM Ooredoo's unit inks $750m sale, leaseback deal for telecom towers in Indonesia
Mubasher: The Indonesian operating company PT Indosat Tbk, a subsidiary of National Mobile Telecommunications Company (Ooredoo), has entered into a $750 million sale and leaseback agreement with PT EPID Menara AssetCo for over 4,200 …
Companies Investments
The exclusivity period for the MoU is valid until 30 April
28 December 2020 03:37 PM Ooredoo inks exclusive, non-legally binding MoU with CK Hutchison
Mubasher: National Mobile Telecommunications Company (Ooredoo) has signed an exclusive and non-legally binding Memorandum of Understanding (MoU) with CK Hutchison Holdings Limited. Under the agreement, a potential transaction will be conducted to …
Companies Investments
Abdulaziz Yacoub Al Babtain is the new CEO of Ooredoo Kuwait
19 August 2020 03:21 PM Ooredoo appoints new CEO for Ooredoo Kuwait
Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Abdulaziz Yacoub Al Babtain as the new CEO of Ooredoo Kuwait, according to the company's disclosure to the Abu Dhabi Securities Exchange (ADX) on Wednesday. With over …
Management Decisions
Photo Archive
21 March 2020 08:56 PM Mobile operators in Kuwait offer free calls, internet
Mubasher: The three mobile telecom service providers in Kuwait will offer every subscriber five gigabytes (GB) of internet usage free of charge every day for a month, Kuwait News Agency (KUNA) reported. The Communication and Information Technology …
Sector Reports
The distributions will be paid on 9 April 2020
10 March 2020 04:48 PM Kuwait Ooredoo approves 50 fils/shr dividends for 2019
Mubasher: The National Mobile Telecommunications Company’s (Ooredoo) ordinary general meeting (OGM) on Tuesday consented to the board’s proposal to distribute cash dividends of 50 fils per share or 50% of the share’s nominal value for 2019 after …
Board of Directors
Revenue declined to KWD 634 million last year
7 February 2020 04:19 PM Ooredoo posts 1% YoY higher profit in 2019
Mubasher: National Mobile Telecommunications Company’s (Ooredoo) net profit grew by 1% year-on-year to KWD 30.1 million ($99 million) during the fiscal year 2019. Revenue declined to KWD 634 million last year, compared to KWD 665 million in the …
Financial Results
Revenues tumbled to KWD 470 million during the 9M period
23 October 2019 05:57 PM Ooredoo’s profit soars to KWD 23.5m in 9M
Mubasher: The profit of the National Mobile Telecommunications Company(Ooredoo) increased by 55% year-on-year during the third quarter of 2019. The net profit attributed to the company recorded KWD 6.2 million ($20.5 million) during the …
Company News
The companies’ profit levelled up by 9.9% YoY in H1
3 August 2019 05:43 PM 3 Kuwaiti telecom firms post $277.4m profits in Q2-19
By: Mohammed Farouk Mubasher: The profit of the three Kuwait-listed telecom companies grew by 13.5% in the second quarter of 2019, recording KWD 69.04 million ($277.43 million), compared to KWD 60.84 million ($200.43 million) in the year-ago …
Financial Results
Profit surged 41.6% in 6M
24 July 2019 03:44 PM Ooredoo’s profit leaps 117.5% in Q2-19
Mubasher: National Mobile Telecommunications (Ooredoo) has reported a 177.5% year-on-year profit hike during the second quarter of 2019. Ooredoo’s profit grew to KWD 8.52 million ($28.06 million) in Q1-19 versus KWD 3.07 million ($10.11 million) …
Financial Results
The company’s net profit went down to KWD 8.81 million
24 April 2019 11:02 PM Ooredoo posts 4% YoY profit decline in 3M
Mubasher: National Mobile Telecommunications (Ooredoo) has reported a 3.9% year-on-year decline in its profit during the first quarter of 2019. The company’s net profit went down to KWD 8.81 million ($29 million) in Q1-19 versus KWD 9.17 million …
Financial Results
The GMTN bonds are valued at $750 million
11 April 2019 00:38 PM Ooredoo delays $18.75m bond interest payment date
Mubasher: Ooredoo on Thursday announced that its wholly-owned subsidiary Ooredoo International Finance Limited (OIFL) will repay $18.75 million to its global term medium note (GMTN) holders on 23 April instead of 19 April as previously announced. …
Event
Ooredoo Kuwait’s EBITDA increased to KWD 55 million in FY18
10 February 2019 01:03 PM Ooredoo Kuwait’s customer base grows 4% in FY18 – Chairman
Mubasher: The customer base of National Mobile Telecommunications (Ooredoo) has increased by 4% to reach 2.3 million subscribers in Kuwait during fiscal year 2018, chairman of Ooredoo Saoud bin Nasser Al Thani said. He noted that Ooredoo’s …
Board of Directors
Ooredoo's board proposed 50 fils per share as dividends
10 February 2019 10:06 AM Ooredoo Kuwait Q4 profits leap 182%; dividends proposed
Mubasher: National Mobile Telecommunications (Ooredoo) recorded a surge of 181.8% in profits during the fourth quarter of 2018 compared to the same period a year ago. Earnings jumped to KWD 13.5 million ($44.48 million) in Q4-18 from KWD 4.79 …
Financial Results
EPS recorded QAR 0.59 in 2018
7 February 2019 09:40 PM Ooredoo posts 25% profit decline in 12M
Mubasher: Ooredoo reported a 24.8% year-on-year drop in net profit during the full year of 2018, recording KWD 29.7 million. The company’s earnings per share (EPS) declined to KWD 0.59 last year, according to a company statement released on …
Cash Dividends
An uninterrupted connectivity between main and DR will be operated
19 December 2018 04:49 PM Boursa Kuwait inks deal with Ooredoo to boost security level
Mubasher: Boursa Kuwait has signed an agreement with Ooredoo Kuwait to host the stock market’s disaster recovery (DR) datacenter, according to a recent press release. The DR datacenter provides a highly available hosting space that allows Boursa …
Trading Activities