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4-Traders Homepage  >  Equities  >  MUSCAT SECURITIES MARKET  >  Omani Qatari Telecommunications Co SAOG    NWRS   OM0000003968

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Omani Qatari Telecommunications SAOG : Ooredoo connects 77,000 homes with fibre broadband

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01/14/2018 | 12:36pm CET

Ooredoo Oman, a top telecom group in the Sultanate, has provided 77,000 homes across the Muscat region with superfast fibre home broadband from the existing fast home broadband.

Fast Internet customers in Seeb, Baswhar and Mutrah wilayats are now able to enjoy Ooredoo's superfast fibre home broadband network. Furthermore, Fast internet service areas have increased in regions such as Batinah, Muscat, Dakhliyah, Sharqiyah and Dhofar with a total of 170 LTE home broadband sites established in 2017, allowing customers to enjoy fast and reliable internet services to their homes.

Feras bin Abdullah Al Sheikh, director of Consumer Sales at Ooredoo, said: "We have always made our customers' needs and growing digital trends a top priority when launching products or services. We continue our efforts to provide customers with the best internet services and cater to different requirements. Ever family member will be able to benefit and enjoy unlimited streaming, downloads, uploads, gaming, chatting and more, to stay connected with friends and family."

A selection of affordable data plans are on offer to cater to the different uses and needs of customers. Contract Superfast Fibre plans start from RO28 ($72.6) and includes connection to a fast, uninterrupted and buffer-free internet, as well as unlimited fixed Ooredoo minutes. All plans speeds range between 20 Mbps to 1 Gbps on a 12 month contract. - TradeArabia News Service

آ© Copyright 2014 www.tradearabia.com

(c) 2018 2017 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( OMR)
Sales 2018 280 M
EBIT 2018 -
Net income 2018 35,0 M
Debt 2018 6,46 M
Yield 2018 7,78%
P/E ratio 2018 10,28
P/E ratio 2019 10,28
EV / Sales 2018 1,22x
EV / Sales 2019 1,21x
Capitalization 334 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Average target price 0,62  OMR
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Ian Charles Dench Chief Executive Officer
Amjad Mohammed Ahmed Al-Busaidi Non-Independent Non-Executive Chairman
Abdul Razzaq Al Balushi Chief Financial Officer
Wolfgang Wemhoff Chief Technology Officer
Saud bin Nasser Faleh Al-Thani Vice Chairman
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