Omani Qatari Telecommunications Company SAOG (Ooredoo Oman) Overview
Pro stress-test →Ooredoo is an Oman-based company operating in the telecom industry, with principal activities including operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The company launched services in March 2005 as the challenger mobile operator in Oman, operating originally under the name Nawras and, from March 2014, as Ooredoo.
Strategic Profile
Pro stress-test →The company operates through Mobile and Fixed-line business segments, deriving a majority of its revenue from the Mobile segment. Ooredoo Oman is majority owned by Ooredoo Group and also has a number of significant Omani shareholders which ensures that the company is strongly integrated into the Omani society.
Competitive Landscape
Pro stress-test →One of Ooredoo Oman's 56 competitors is Emirates Integrated Telecommunications Company, a Private Equity-Backed company based in Dubai, United Arab Emirates. Ooredoo Oman operates in a duopoly market with Oman Telecom as the primary competitor, facing increasing competitive pressures on pricing and market share.
Industry Context
Omani Qatari Telecommunications Company SAOG (Ooredoo Oman) operates in Telecommunications - Mobile & Fixed Services.
Key facts
Founded: 2004 · Headquarters: Muscat, Oman · Revenue: $650M · Market cap: $387M