Ooredoo Posts Higher H1 Revenue and EBITDA as Digital Demand Drives Growth

Ooredoo Group reported solid financial growth for the first half of 2026, with revenue and EBITDA increasing as demand for digital connectivity and data services remained strong across its markets.

The Qatar-based telecommunications group said revenue rose 4.6% year-on-year to QAR 12.5 billion, while EBITDA increased 7.4% to QAR 5.5 billion. EBITDA margin improved by 1.2 percentage points to 44.4%, supported by operating leverage, a favorable revenue mix and continued cost discipline.

Ooredoo said growth was driven by strong contributions from Algeria, Tunisia, Iraq and Palestine, alongside resilient service revenue across its broader portfolio. Rising demand for data and connectivity, combined with improvements in network quality and customer experience, supported the performance.

The company’s normalised net profit increased 3.7% year-on-year to QAR 2 billion. Reported net profit attributable to Ooredoo shareholders, however, declined 5.1% to QAR 1.8 billion, mainly due to a one-off legal provision in Algeria.

Ooredoo continued to invest in its digital infrastructure during the period, with capital expenditure reaching QAR 1.6 billion, up 6.8% year-on-year. The investment was focused on strengthening networks and expanding capacity to meet growing demand for data services.

The group also highlighted progress under its RISE strategy, which focuses on strengthening its core telecommunications business, expanding digital infrastructure and positioning Ooredoo for future growth.

A key development during the first half was the launch of Al Abraj, a standalone company established to manage Ooredoo’s passive tower infrastructure in Qatar.

Ooredoo’s customer base grew 4.2% year-on-year to 54 million, while the total customer base including Indosat Ooredoo Hutchison reached 147.5 million.

The company said its FY2026 guidance remains unchanged, with management expressing confidence in the group’s ability to deliver its full-year targets despite a challenging regional environment.

Ooredoo said it will continue focusing on operational efficiency, digital connectivity and strategic investments as it seeks to capture growing demand for digital services across the MENA region and beyond.