Doha [Qatar], March 10: Shareholders of Ooredoo approved a cash dividend of QR0.75 per share during the company's Annual General Meeting (AGM), where the telecom group also reported strong financial performance and continued strategic progress during 2025.
During the meeting, shareholders discussed and approved the company's Corporate Governance Report and financial statements for the year ended December 31, 2025, following the confirmation of its full-year financial results. The AGM also endorsed the recommendation of the board of directors to distribute the cash dividend for the 2025 financial year.
In his address to shareholders, Ooredoo Chairman Sheikh Faisal bin Thani Al Thani said the group continued to make significant progress in executing its strategy and strengthening its position as a leading digital infrastructure provider across the Middle East, North Africa and Southeast Asia.
"2025 marked another important milestone in Ooredoo's journey as we continued the disciplined execution of our strategy, delivering strong financial performance and further reinforcing our position as a leading provider of digital infrastructure across our markets," he said.
The chairman noted that the company recorded strong growth across key financial indicators for the fourth consecutive year, closing 2025 with record-high earnings exceeding $1 billion in normalised net profit.
Excluding the impact of the company's exit from Myanmar, group revenue increased 6 percent year-on-year to QR24.6 billion, supported by solid performance in several markets including Algeria, Iraq, Tunisia, Kuwait and Qatar. Growth was driven by enhanced network quality and coverage as well as the company's continued focus on improving customer experience, which supported customer growth and higher average revenue per user (ARPU).
Normalising for a one-off restructuring cost of QR151mn in Oman and excluding the impact of the Myanmar exit, EBITDA rose 7 percent year-on-year, while the EBITDA margin remained strong at 42.6 percent. The improvement reflected operational efficiencies and profitability growth across the group's key markets including Algeria, Kuwait, Iraq, Tunisia, Qatar and Maldives.
Net profit attributable to Ooredoo shareholders increased 12 percent year-on-year to QR3.9 billion, while normalised net profit rose 10 percent to QR4 billion, underscoring the group's sustained profitability across its diversified portfolio.Ooredoo also reported continued growth in its customer base, supported by network leadership and enhanced digital services. The group's customer base rose 3 percent year-on-year to 53.3 million, while the total number of customers, including those of Indosat Ooredoo Hutchison, reached 147.1 million.
During the year, the group introduced RISE, its refreshed strategic framework designed to strengthen its core telecom business, accelerate investment in digital infrastructure and expand adjacent digital platforms. Ooredoo also supported a fully marketed and oversubscribed secondary global offering, which increased the company's free float on the Qatar Stock Exchange to 27 percent.
The company also advanced its data centre platform Syntys, including a strategic partnership with Iron Mountain and the launch of sovereign AI cloud services in Qatar powered by NVIDIA GPUs through collaboration with NVIDIA.
In addition, Ooredoo expanded its international connectivity footprint through the Fibre in the Gulf (FIG) subsea cable project, securing landing points in Kuwait, Iraq and Oman. The group's fintech arm, Ooredoo Fintech, also progressed with its regional expansion into new markets.
During the AGM, shareholders approved several agenda items, including the Board of Directors' report for 2025 and the corporate governance report.
Source: Qatar Tribune
