Ooredoo, a privately owned company headquartered in Qatar, was founded in 1987 and employs approximately 25960 individuals. The company reported $6.5B in revenue as of 2024. As a multinational telecommunications provider, Ooredoo specializes in offering mobile, wireless, wire line, and content services, maintaining market share in both domestic and international telecommunication markets, and serving business and residential sectors.

2024 Revenue

Founded

1987

Headcount

25,959

Headquarters

Qatar

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

On April 24, 2026, Ooredoo and DE-CIX expanded the Doha IX Internet Exchange, establishing a direct connection to DE-CIX Marseille that links Qatar's commercial Internet Exchange to additional international networks, including access via DE-CIX Frankfurt in Europe. This expansion enables data exchange with nearly 120 networks in Marseille and access to a wider ecosystem of close to 1100 networks connected through DE-CIX Frankfurt. Earlier, on April 21, 2026, Ooredoo launched LTE-M (Long Term Evolution for Machines) in Qatar, becoming the country's first operator to roll out the next-generation network technology designed specifically for Internet of Things (IoT) applications. Following extensive testing and deployment, this technology, also known as CAT-M1, is now live, positioning Qatar to accelerate large-scale IoT adoption across sectors such as smart cities, utilities, logistics, and industrial operations.
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