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Ooredoo FY group revenue falls 2%, customers up 12%

2015-03-11 09:16:00| Telecompaper Headlines

(Telecompaper) Ooredoo group reported 2 percent slump in its revenue for the year ended 31 December 2014 to QAR 33.2 billion from QAR 33.85 billion in 2013, with strong performances in Qatar, Oman and Algeria offset by challenging market conditions in Iraq, Kuwait, Tunisia and Indonesia. Customer numbers increased by 12 percent to reach 107 million, driven by the Indonesian, Iraqi, Kuwaiti, Myanmar and Algerian markets.

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