Ooredoo Oman
TypePrivate
IndustryTelecommunications
Founded2004 (as Nawras)
2014 (as Ooredoo)
Headquarters
Muscat
,
Sultanate of Oman
Key people
Bassam Al Ibrahim, CEO
Number of employees
Increase +1000
Websitewww.ooredoo.om

Ooredoo Oman (formerly Nawras) is an Omani telecommunications company owned by Ooredoo (formerly the Qtel Group). It is the Sultanate's first privately owned telecommunications company, and serves two million customers as of August 2010. It sells voice and data services over, among others, 2.75G, 3G+, 4G, 5G and Fiber. Since 2010, it has been listed at the Muscat Securities Market,[1] and is the fourth largest telecom company by market capitalisation.

History

Founded in 2004,[1] the company sells landline voice and internet. It also has prepaid and post-paid mobile phone plans, and mobile internet service. The home broadband and voice was handled by WiMAX (Worldwide Interoperability for Microwave Access) technology but is being switched to LTE.[2] Ooredoo was first to deploy 3G+ and is the only operator to deploy WiMAX commercially in Oman. The company also sells WiFi products for cafés, restaurants, hotels and schools. Ooredoo has set up the largest public Wi-Fi zone in Oman, OoredooWiFi in the Muscat Grand Mall. In 2015, they installed a fiber-optic network across Oman.[2][3]

Ooredoo has won the award for Leading Corporate for Investor Relations in Oman 2022. The event was organized by the Middle East Investor Relations Association (MEIRA) at the Annual Conference and Investor Relations Awards Ceremony in Riyadh, Kingdom of Saudi Arabia. The accolade recognizes the company's effective relations with its shareholders, analysts, and other stakeholders within the investment community.[4]

Ooredoo has been named the Most Innovative Digitally Transformed Telecom Company – Oman 2023 at the Global Business Outlook (GBO) Awards.[5]

References

  1. 1 2 The Report: Oman 2014. Oxford Business Group. 15 January 2014. ISBN 9781907065965.
  2. 1 2 "Ooredoo Oman achieves 9.5% growth in net profit". Retrieved 22 August 2016.
  3. ↑ "Ooredoo Oman to invest more than $150 million in network expansion". Retrieved 22 August 2016.
  4. ↑ "Ooredoo wins Leading Corporate for Investor Relations Award".
  5. ↑ "Ooredoo Wins Most Innovative Digitally Transformed Telecom Company Award".
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