Ooredoo Holds Annual Capital Markets Day

Ooredoo Q.S.C

Ooredoo Holds Annual Capital Markets Day

Doha, Qatar, 13 May 2014: Ooredoo Q.S.C. ("Ooredoo") - Ticker: ORDS.QA held its annual Capital Markets Day in Doha where Ooredoo's senior management team updated investors and analysts on the business' financial and strategic progress.

Dr Nasser Marafih, Ooredoo's Group CEO, led presentations by the heads of Ooredoo's finance, strategy and commercial teams as well as the CEOs of Indosat and Ooredoo Myanmar who provided an update on how Ooredoo is moving its business into the growth opportunities offered by data based products and services under its group strategy: The Ooredoo Way.

The Ooredoo team presented how the business is planning to generate shareholder value as the telecommunications market rapidly evolves. Ooredoo's strategy is now built around three core areas of focus: Leading on Customer Experience; Strengthening Foundations and Accelerating Growth. The refinement of the group's strategy will enable Ooredoo to pursue growth opportunities in its traditional markets as well as the new markets being opened up by ubiquitous data access. In addition, Ooredoo will deliver increasing value to shareholders by pursuing efficiencies across the business through cost optimization and increased network sharing.

Dr Nasser Marafih, CEO, Ooredoo Group, said, "We have made significant progress in our stated strategy since our last update to the capital markets. We discussed with our investors and analysts how The Ooredoo Way will generate shareholder value as we shift the business to becoming more data centric. We view the rapidly changing telecoms sectors as an opportunity to create growth not only in our current markets but also in adjacent markets such as B2B and eCommerce where we have already made good progress. Our presentations and discussions with our investors and analysts demonstrated how we are successfully building a business that is increasingly capable of capturing the growth opportunities of a digital world."

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About Ooredoo

Ooredoo, formerly known as Qtel Group, is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and South-East Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people's lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives and Indonesia. The company reported revenues of $ 9.3 billion U.S. dollars in 2013 and had a consolidated global customer base of more than 96 million people as of 31 December 2013. Ooredoo's shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.