Ooredoo Group reported another quarter of strong results, with its net profit rising 6% to QR3.1 billion for the nine months ended September 30, 2025, driven by steady growth across key markets and new investments in digital infrastructure.
Group revenue for the period reached QR18.2 billion, up 3% from a year earlier, or 5% excluding the impact of the company’s exit from Myanmar. Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 4% to QR8 billion, maintaining a healthy margin of 44%.
Capital expenditure rose 46% to QR2.8 billion as the company accelerated investments in networks and data centres. Free cash flow, however, slipped 11% to QR5.1 billion, reflecting higher spending. Ooredoo’s customer base reached 52.9 million, or 147.5 million when including its Indonesian joint venture, Indosat Ooredoo Hutchison (IOH).
Chairman Sheikh Faisal Bin Thani Al Thani said the company’s strong results highlighted its “focused strategy, disciplined execution, and strategic investments” across its markets. “We continue to innovate and elevate customer experience, resulting in strong satisfaction levels and improved performance metrics,” he said.
The company also revised its dividend policy, raising its target payout range to 50–70% of normalised net profit, up from 40–60%, to reflect its strong financial position and commitment to rewarding shareholders.
Group CEO Aziz Aluthman Fakhroo said performance was strong across most markets, particularly in Algeria, Iraq, Tunisia, Kuwait, and Qatar. “Our strong financial position allows us to reward shareholders today while investing in the growth of Ooredoo tomorrow,” he said, adding that the company is on track to meet its full-year guidance.
Ooredoo said it is progressing with several strategic initiatives to strengthen its position as a leading telecom and digital infrastructure provider in the MENA region.
Its planned regional tower venture with Zain Group and TASC Towers Holding, which will consolidate around 30,000 towers across six countries, is awaiting final regulatory approvals. Once complete, it will become the largest independent tower company in the region.
Ooredoo’s data centre spin-off, Syntys, launched earlier this year, operates AI-ready, carrier-neutral facilities in Qatar, Tunisia, and Kuwait, with plans to expand across the region. The company recently partnered with Iron Mountain, which took a minority stake, to enhance its regional capabilities. Backed by a planned $1 billion investment, Syntys aims to reach more than 120MW of IT capacity in the coming years.
Ooredoo also opened the Salalah Data Centre in Oman in August, a Tier 3 facility that will boost regional connectivity between Asia, Europe, and Africa.
In fintech, Ooredoo Financial Technology International (OFTI) continues to grow its presence, processing over $6 billion in transactions in Qatar and preparing for new launches in Tunisia and Iraq, along with a partnership with PayPal in the Maldives.
Ooredoo Algeria led growth with revenue up 16% and EBITDA up 23%, supported by strong demand and network expansion. Iraq’s Asiacell saw revenue rise 8% and its customer base climb to nearly 20 million, while Ooredoo Tunisia reported 11% revenue growth.
In the Gulf, Ooredoo Kuwait achieved a 4% revenue rise and a 27% jump in EBITDA, while Ooredoo Qatar maintained steady growth with strong margins.
The group’s balance sheet remains solid, with a low net-debt-to-EBITDA ratio of 0.6x and QR15.7 billion in cash reserves. Ooredoo said it expects full-year revenue growth of 2–3% and an EBITDA margin in the low 40% range.
With its upgraded dividend policy and continued investment in digital and infrastructure projects, Ooredoo said it remains well-positioned to sustain growth and deliver long-term shareholder value.
Source: https://www.qatar-tribune.com/article/201648/business/ooredoo-posts-strong-9-month-performance/
