Last 147.00 AED
Change Today 0.00 / 0.00%
Volume 0.0
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Abu Dhabi
As of 6:00 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

ooredoo qsc (ORDS) Snapshot

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52 Week High
05/29/14 - 161.00
52 Week Low
12/16/13 - 126.50
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ooredoo qsc (ORDS) Details

Ooredoo Q.S.C., together with its subsidiaries, provides fixed and mobile telecommunications services. It operates in six segments: Ooredoo Qatar, Asiacell, Wataniya, Indosat, Nawras, and Others. The company offers domestic and international telecommunication services in Qatar; mobile telecommunication services in Iraq; and mobile telephone and pager systems and services in Kuwait, and the other parts of the Middle East and North African region. It also provides telecommunication services, such as cellular services, fixed telecommunications, multimedia, data communication, and Internet services in Indonesia; and mobile and fixed telecommunication services in Oman. The company was formerly known as Qatar Telecom (Qtel) Q.S.C. and changed its name to Ooredoo Q.S.C. in June 2013. Ooredoo Q.S.C. was founded in 1987 and is headquartered in Doha, Qatar.

Founded in 1987

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ooredoo qsc (ORDS) Key Developments

Ooredoo Signs Three Year Entertainment Contract with Intercontinental Hotels Group Qatar

Ooredoo has announced a multi-year deal with InterContinental Hotels Group Qatar, which will see the company provide high speed Fibre Internet throughout the group’s three popular hotels in Doha, InterContinental Doha, InterContinental Doha The City and Crown Plaza Doha the Business Park. The agreement also outlined Ooredoo’s role in distributing entertainment access to the hotels, with Mozaic TV to be installed in over 1,200 rooms throughout the three properties. InterContinental Hotels Group and Ooredoo have planned separate packages for each hotel, based on the establishments target customers and style. Different hotel rooms will therefore carry different channels such as OSN, beIN SPORTS, MBC, Al Jazeera and more.

Ooredoo Opens Up Myanmar Mobile Market with Cheap SIM Cards

Ooredoo began selling low-cost SIM cards in Myanmar on Saturday, opening up access to mobile services in one of the world's last virtually untapped phone markets. Less than 10% of the population are thought to have access to a telephone in Myanmar where the exorbitant cost of a SIM under former junta rule made mobile phones a luxury. The SIM card was officially launched for sale in the major cities of Yangon, Mandalay and Naypyidaw at a price of 1,500 kyat ($1.5), a fraction of the cost of ordinary cards in Myanmar which retail at about $200. Under junta rule a SIM could go for more than $1,500.

Ooredoo to Launch its New Mobile Network in Myanmar

Ooredoo confirmed it will launch its new mobile network in Myanmar in the third quarter, in Mandalay, Nay Pyi Taw and Yangon. The company said it had already tested cross-network calls with the other new operator Telenor, and agreed a programme with Samsung to introduce affordable handsets in the market. Over 1,000 km of fibre have been laid for the backbone network, and towers roll-out is progressing according to schedule, with all sites supporting co-location.


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Valuation ORDS Industry Range
Price/Earnings 16.1x
Price/Sales 1.2x
Price/Book 1.6x
Price/Cash Flow 4.0x
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