Ooredoo Group reported a 4.3% year-on-year increase in revenue to QAR 19.0 billion for the first nine months of 2026, supported by growth across several markets and continued demand for data and connectivity services.
EBITDA rose 6.3% to QAR 8.5 billion, while free cash flow increased 11.2% to QAR 5.7 billion. Net profit attributable to shareholders, however, declined 5% to QAR 2.9 billion, primarily due to a one-off legal provision in Algeria and higher depreciation and amortisation costs.
The telecommunications group continued expanding its digital infrastructure portfolio, including data centres, fibre networks and AI computing capabilities. Through Syntys, Ooredoo completed an additional 4.5 MW of capacity at QData in Qatar, fully contracted under its build-to-suit model. A further 26 MW of data centre capacity is under construction in the country.
Ooredoo also launched Zankore, an AI compute and neocloud platform developed alongside Indosat, NVIDIA and Nokia. The initiative aims to address growing demand for advanced computing, cloud services and AI infrastructure, particularly across Southeast Asia.
In telecommunications infrastructure, Ooredoo and Zain completed the first closing of their regional tower transaction, combining approximately 4,000 towers in Qatar and Kuwait. The partnership is intended to improve capital efficiency and establish a scalable independent tower platform.
Meanwhile, Ooredoo Fibre Networks advanced its Fibre in the Gulf project, which is designed to connect all Gulf Cooperation Council countries and Iraq through a high-capacity regional fibre network.
The group maintained its full-year 2026 guidance, with management citing continued operational momentum and disciplined investment. Its customer base reached 146.5 million, including Indosat Ooredoo Hutchison.
Ooredoo said it would continue focusing on connectivity, digital infrastructure and fintech to support long-term growth.
