Doha [Qatar], February 10: Ooredoo has posted a fourth consecutive year of double-digit net profit growth, with strong operational and strategic performance across its markets.
For the year ended 31 December 2025, Ooredoo recorded revenue of QR24.6 billion, up 6 percent year-on-year excluding the impact of its Myanmar exit. Reported net profit rose 12 percent to QR3.9 billion, while normalised net profit increased 10 percent to QR4 billion. Reflecting its robust performance, the Board has proposed a cash dividend of QR0.75 per share, a 15 percent increase from the previous year.
Commenting on the results, Ooredoo Chairman HE Sheikh Faisal bin Thani Al Thani said, "Our full-year performance demonstrates the accelerating momentum of our infrastructure-led transformation. The successful completion of a secondary fully marketed global offering has expanded our shareholder base and enhanced market liquidity, highlighting investor confidence in Ooredoo's strategy. We continue to deliver strong operational results while expanding capabilities and reinforcing our competitive position across the region."
Ooredoo Group CEO Aziz Aluthman Fakhroo said, "Ooredoo's disciplined approach and consistent execution enabled double-digit net profit growth for the fourth consecutive year. Excluding Myanmar, revenue grew 6 percent to QR24.6 billion, with normalised EBITDA rising 7 percent YoY and a solid EBITDA margin of 42.6 percent. Strong performances in Algeria, Iraq, Tunisia, Kuwait, and Qatar drove broad-based growth, underpinned by investments in network infrastructure and excellence in customer experience."
The Group's strategic initiatives in 2025 included the introduction of the RISE framework, focused on Refresh, Intensify, Scale, and Expand, to diversify into digital infrastructure and adjacent platforms expected to contribute around 15 percent of Group revenue by 2030. Syntys expanded its AI-ready hyperscale data centre infrastructure, acquiring Q Data to increase live capacity in Qatar to 26MW and total Syntys capacity to 30MW. The Group also played a key role in Qatar's first-ever secondary global offering, which was multiple times oversubscribed, expanding Ooredoo's free float to 27 percent on the Qatar Stock Exchange.
The tower consolidation initiative progressed significantly, with the creation of the region's largest tower company in partnership with Zain Group and TASC Towers Holding, while Ooredoo Financial Technology International (OFTI) continued scaling its mobile-led financial services platform across Qatar, Oman, Maldives, Tunisia, Iraq, Kuwait, and Algeria. Partnerships with PayPal, Western Union, Visa, and QNB have strengthened the Group's digital payments ecosystem, supporting financial inclusion and expanding global reach.
Ooredoo's operational performance across markets was robust. Ooredoo Qatar reported revenue of QR7,239 million and EBITDA of
QR3,755 million with 3 million customers. Ooredoo Kuwait achieved revenue of QR 3,253 million and EBITDA of QR1,067 million with 2.9 million customers. Ooredoo Oman reported revenue of QR2,292 million and EBITDA of QR 862 million, closing the year with 2.9 million customers.
Asiacell - Iraq recorded revenue of QR5,583 million and EBITDA of QR 2,564 million, with a record 20.0 million customers. Ooredoo Algeria delivered revenue of QR3,301 million and EBITDA of QR1,481 million with 15.3 million customers, while Ooredoo Tunisia achieved revenue of QR1,726 million and EBITDA of QR724 million with 7.2 million customers. Ooredoo Maldives demonstrated resilience with revenue of QR 523 million and EBITDA of QR298 million with 426,000 customers. Ooredoo Palestine recorded revenue of QR387 million and EBITDA of QR148 million with 1.5 million customers. Indosat Ooredoo Hutchison (IOH) reported revenue and EBITDA growth of 1 percent YoY with a 47 percent EBITDA margin.
For the full year, Ooredoo Group invested QR4.6 billion in capital expenditure, up 44 percent YoY, to accelerate growth, enhance network performance, and strengthen its market position.
Free cash flow amounted to QR5.9 billion, a 13 percent decrease YoY due to strategic investments in high-growth markets and infrastructure. Total debt stood at QR 12.8 billion with a net debt-to-EBITDA ratio of 0.4x, well below the Board's target range, while liquidity remained strong with QR15 billion in cash reserves and an additional QR6.1 billion in undrawn facilities.
Looking ahead, Ooredoo remains committed to expanding its digital infrastructure footprint, diversifying revenue streams, and delivering sustainable long-term value for shareholders. The Group's disciplined financial management, ongoing strategic investments, and infrastructure-led approach position it to capture emerging digital opportunities across the MENA region in 2026.
Source: Qatar Tribune
