Ooredoo Group, originally founded as Qatar Public Telecommunication Corporation (Qtel) in 1987, has grown from a state-owned operator into a leading international telecommunications company with operations across the Middle East, North Africa, and Southeast Asia. Through strategic acquisitions, technological leadership, and a rebranding to Ooredoo in 2013, the group has achieved significant milestones in mobile, broadband, and digital services, listed on the Qatar Stock Exchange.
Chronological Storyline (27 Milestones)
Jul 1, 1987 CE
Establishment of Qtel
Qatar Public Telecommunication Corporation (Qtel) is established by Emiri Decree to provide telecommunications services in Qatar. #telecom #qatar
Establishment of Qtel By Alex Sergeev (www.asergeev.com) - QTel Tower and Diplomatic Street in West Bay from Exhibition Roundabout. Doha, Qatar, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=162659214
May 1, 1994 CE
Qtel IPO on Doha Securities Market
Qtel conducts its initial public offering on the Doha Securities Market (now Qatar Stock Exchange), listing shares to the public. #finance #ipo
Jan 1, 1995 CE
Launch of Analogue Mobile Network
Qtel launches Qatar's first analogue mobile network, marking the beginning of mobile telecommunications in the country. #telecom #mobile
Dec 1, 1999 CE
Launch of GSM Mobile Network
Qtel launches its GSM mobile network, offering digital mobile services and expanded coverage across Qatar. #telecom #gsm
Mar 1, 2002 CE
Launch of ADSL Broadband
Qtel introduces ADSL broadband internet services, providing high-speed internet access to residential and business customers in Qatar. #telecom #broadband
Mar 1, 2004 CE
Acquisition of 51% of Wataniya Telecom
Qtel acquires a 51% stake in Kuwait's Wataniya Telecom, marking its first major international expansion. #acquisition #telecom
Jun 1, 2005 CE
Wins License in Oman
Qtel wins a mobile license in Oman, leading to the launch of Nawras (now Ooredoo Oman) in 2006. #expansion #oman
Apr 1, 2006 CE
Acquisition of 25% Stake in Indosat
Qtel acquires a 25% stake in Indonesia's Indosat, expanding its presence into Southeast Asia. #acquisition #indonesia
Acquisition of 25% Stake in Indosat By CEphoto, Uwe Aranas - Own work, CC-BY-SA-3.0, https://en.wikipedia.org/w/index.php?curid=47037206
Nov 1, 2007 CE
Acquisition of 51% of Nawras (Oman)
Qtel acquires a 51% stake in Nawras, the mobile operator in Oman, strengthening its regional footprint. #telecom #oman
Aug 1, 2008 CE
Acquisition of 75% of Tunisiana
Qtel acquires a 75% stake in Tunisiana (now Ooredoo Tunisia), entering the North African market. #acquisition #tunisia
Oct 1, 2009 CE
Management Contract for PTCL
Qtel signs a management agreement with Pakistan Telecommunication Company Limited (PTCL), gaining operational control. #telecom #pakistan
Management Contract for PTCL By King Eliot - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=148294995
Mar 1, 2010 CE
Acquisition of 40% Stake in Asiacell
Qtel acquires a 40% stake in Asiacell, a mobile operator in Iraq, expanding into the Iraqi market. #acquisition #iraq
Acquisition of 40% Stake in Asiacell By Asiacell - https://www.asiacell.com/assets/ac-logo.svg, Public domain, https://commons.wikimedia.org/w/index.php?curid=150369127
Jun 1, 2011 CE
Launch of Opera Mobile in Singapore
Qtel launches a mobile virtual network operator (MVNO) called Opera in Singapore, targeting the Asian market. #mvno #singapore
Jan 1, 2012 CE
Increased Stake in Indosat to 65%
Qtel increases its stake in Indosat to 65%, gaining majority control of the Indonesian operator. #telecom #indonesia
Feb 1, 2013 CE
Rebranding to Ooredoo
Qtel officially rebrands to Ooredoo, a single global brand covering all its operations worldwide. #rebrand #telecom
Oct 1, 2013 CE
Launch in Algeria (Ooredoo Algeria)
Ooredoo launches operations in Algeria after acquiring Orascom Telecom Algeria, renaming it Ooredoo Algeria. #expansion #algeria
Aug 1, 2014 CE
Launch in Myanmar
Ooredoo launches mobile services in Myanmar as one of two new operators, bringing competition to a newly liberalized market. #myanmar #mobile
Launch in Myanmar By Kaungzinlin - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=179645421
Jan 1, 2015 CE
Launch of 3G/4G in Tunisia
Ooredoo Tunisia launches 3G and 4G LTE services, enhancing mobile broadband capabilities in the country. #4g #tunisia
Mar 1, 2016 CE
Launch of 4G LTE in Qatar
Ooredoo Qatar launches its 4G LTE network, providing high-speed mobile internet to customers. #4g #qatar
Apr 1, 2017 CE
Increase Stake in PTCL to 55%
Ooredoo increases its stake in PTCL to 55%, gaining majority control of Pakistan's largest telecom operator. #telecom #pakistan
Feb 1, 2018 CE
Sale of Nawras Stake to Oman
Ooredoo sells its stake in Nawras (Ooredoo Oman) to the Omani government, exiting the Omani market. #divestiture #oman
Jul 1, 2019 CE
Launch of 5G in Qatar
Ooredoo launches commercial 5G services in Qatar, becoming one of the first operators in the region to offer 5G. #5g #qatar
Jan 1, 2020 CE
Sale of Wataniya Stake to BIC
Ooredoo completes the sale of its stake in Wataniya Telecom to Bahraini BIC, exiting the Kuwaiti market. #divestiture #kuwait
Apr 1, 2021 CE
Sheikh Faisal Al Thani Appointed CEO
Sheikh Faisal bin Thani Al Thani is appointed Group CEO of Ooredoo, leading a new strategic direction. #leadership #ceo
May 1, 2022 CE
Partnership with Huawei for 5G
Ooredoo signs a strategic partnership with Huawei to enhance its 5G network capabilities. #5g #partnership
Mar 1, 2023 CE
Reports $3 Billion Revenue
Ooredoo Group reports annual revenue of $3 billion, driven by growth in digital services and data. #financial #revenue
Feb 1, 2024 CE
Launch of Fintech Subsidiary
Ooredoo launches a fintech subsidiary, Ooredoo Finance, to expand digital payment and banking services. #fintech #digital