OOREDOO Management Discussion and Analysis Report for the Period Ended March 31,2026
Ooredoo·ADX·Financial Reports | Management Discussion and Analysis Report·April 29, 2026·View on exchange
AI Summary
Ooredoo reported a 6% year-on-year increase in consolidated revenue to QAR 6,199 million and a 5% rise in net profit to QAR 1,005 million for the first quarter of 2026.
Strategic developments included the expansion of data center capacity to 30MW total, the acquisition of Q Data in Qatar, and fintech transaction values reaching QAR 2.8 billion.
The TowerCo program received regulatory approval in Qatar, with activities moving toward a projected first closing in the first half of 2026.
Shareholders approved a cash dividend of QAR 0.75 per share on March 8, 2026, while capital expenditure for the quarter increased to QAR 608 million.