Ooredoo is “Best Mobile Operator” at TMT Finance Middle East

Asiacell Wins “Equity Capital Market Deal of the Year” for Successful IPO

Mobilk - Ooredoo received two major industry awards this week, with the leading communications company winning two prizes at one of the region’s most prestigious ceremonies.

At the TMT Finance 2013 Middle East and North Africa Awards, Ooredoo was named “Best Mobile Operator,” and Asiacell in Iraq, part of Ooredoo, won the “Equity Capital Market Deal of the Year” for their successful IPO in February 2013.

Ooredoo won “Best Mobile Operator” after posting record-setting figures for consolidated customers and consolidated revenue, in addition to its on-going support for human growth and social and economic development in markets around the world. 

In particular, the award reflects the early positive response to the development of the “Ooredoo” brand, initially unveiled at a Group level in February 2013, followed by Ooredoo in Qatar in March 2013. 

Across its markets in the Middle East, North Africa and Asia, Ooredoo has been modernising the network that serves its 92 million customers, including rolling out ultrafast 4G LTE networks in Qatar and Oman, with trials in Kuwait, and rapid deployment of the 3G network in Tunisia.

Ooredoo has also continued to offer a wide range of life-enhancing mobile services, particularly to customers who cannot afford smartphones, including mLearning in Tunisia to support economic empowerment, mWomen services in Iraq and Indonesia, and mobile banking in Qatar.

Asiacell won “Equity Capital Market Deal of the Year” for the successful completion of its share offer, which raised IQD 1,485.1 billion (US$ 1.27 billion), representing 25% of its share capital. The company also announced the admission of its Shares to the Official List of Securities maintained by the Iraq Securities Commission (“ISC”) and to trading on the Iraq Stock Exchange (“ISX”), under the ticker “TASC”.

Dr. Nasser Marafih, Group CEO, Ooredoo, said: “These awards signify that we are distinguishing ourselves, by promoting human growth across our markets and offering life-enhancing services. We will continue to put our customers at the core of our business, and continue to ensure that our business provides the right returns for all our stakeholders.”

The TMT Finance 2013 Middle East and North Africa Awards were held at the Mina A’Salam Hotel in Dubai, United Arab Emirates.