Ooredoo Shareholders Approve QAR 0.75 Per Share Dividend at AGM as Group Reports Record Profits Exceeding USD 1 Billion

Ooredoo held its Annual General Meeting in Doha, Qatar, where shareholders gathered to review and approve the company's financial statements and Corporate Governance Report following confirmation of a landmark set of full year results for 2025, capping another record-breaking year for the telecommunications giant.

During the meeting, shareholders approved the Board of Directors' recommendation to distribute a cash dividend of QAR 0.75 per share, rewarding investors on the back of a year of exceptional financial performance and sustained profitability growth across the group's diversified global portfolio.

A Fourth Consecutive Year of Record Growth

Addressing shareholders at the meeting, H.E. Sheikh Faisal Bin Thani Al Thani, Chairman of Ooredoo, reflected on the significance of the year's achievements. "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.

He further highlighted that for the fourth consecutive year, the group recorded strong growth across all key financial metrics, closing 2025 with record-high earnings that exceeded USD 1 billion in Normalised Net Profit.

Strong Revenue and Profitability Growth

Excluding the impact of the Myanmar exit, Group Revenue grew by 6% year-on-year to QAR 24.6 billion, supported by strong performances across Algeria, Iraq, Tunisia, Kuwait, and Qatar. Growth was driven by enhanced network quality and coverage, alongside a continued focus on customer experience, which supported both customer growth and higher average revenue per user.

Normalising for a one-off restructuring cost in Oman of QAR 151 million and excluding the Myanmar exit impact, EBITDA increased by 7% year-on-year, with the EBITDA margin remaining strong at 42.6%, supported by operational efficiencies and profitability growth across Algeria, Kuwait, Iraq, Tunisia, Qatar, and the Maldives.

Net Profit attributable to Ooredoo shareholders increased by 12% year-on-year to QAR 3.9 billion, reflecting the group's sustained profitability momentum. Normalised Net Profit rose by 10% year-on-year to QAR 4.0 billion.

Growing Customer Base

Ooredoo's continued network leadership and strong customer experience drove further growth in its customer base, which increased by 3% year-on-year to 53.3 million customers. Including IOH, the total customer base reached an impressive 147.1 million.

Strategic Milestones in 2025

The year was marked by a series of significant strategic achievements. Ooredoo introduced RISE, its refreshed strategic framework designed to strengthen its core telecom business, accelerate investment in digital infrastructure, and scale adjacent platforms. The group also supported a fully marketed and oversubscribed secondary global offering, increasing Ooredoo's free float on the Qatar Stock Exchange to 27%.

On the digital infrastructure front, Ooredoo 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. The group expanded its international connectivity footprint through the Fibre in the Gulf (FIG) subsea cable project, securing landings in Kuwait, Iraq, and Oman, while Ooredoo Fintech progressed its regional expansion into new markets.

AGM Agenda Items Approved

During the AGM, shareholders formally discussed and approved the following key items: the Board's report for the year ended 31st December 2025 and future business plans; the Corporate Governance Report for 2025; the External Auditor's report; the company's financial statements; the QFMA corporate governance and Internal Control over Financial Reporting compliance report; the Board's dividend distribution recommendations; the discharge of Board members from liabilities and determination of their remuneration; and the appointment of the external auditor for 2026 along with determination of its fee.