Tag Archives | Ooredoo

Coronavirus Hits Asiacell Revenue

By John Lee. Mobile phone service Asiacell has reported a sharp drop in revenue as a result of the coronavirus (Covid-19) crisis. In its results for the nine-month period ended 30 September 2020, parent company Ooredoo said: "Asiacell's performance for the first nine months of 2020 was impacted by movement restrictions across Iraq due to […]

Covid-19 Hits Asiacell Earnings

By John Lee. Government measures designed to limit the spread of the COVID-19 pandemic impacted Asiacell's results for the half year ended June 30, 2020. The company reported revenues of QAR 1.9 billion in H1 2020, down 10% compared to the same period last year. As a result, EBITDA declined to QAR 828 million (H1 […]

Asiacell reports Revenue Growth for Q1

By John Lee. Mobile phone service Asiacell has reported revenue growth or nearly 2 percent in the first quarter of this year. In its results for the quarter ended 31 March 2020, the company said: "Asiacell reported revenue growth to QAR 1.09 billion in Q1 2020, up from QAR 1.07 billion in Q1 2019.  The […]

Asiacell Revenue Growth of 3% in 2019

Asiacell reported revenue growth of 3% to QAR 4.6 billion in 2019, despite a flat customer base of 14.2 million customers. The company maintained a healthy EBITDA margin of 45% in 2019 while EBITDA declined slightly from QAR 2.1 billion in 2018 to QAR 2.0 billion in 2019. Asiacell upgraded its entire network to support […]

Asiacell Increases Customer Base

By John Lee. Asiacell Iraq has increased its customer base by six percent in the first six months of this year, according to its parent, the Qatari company Ooredoo. In its results for the first half of 2019, the company said: "Despite intensifying price competition, Asiacell maintained stable revenues of QAR 2.2 billion during the […]

Asiacell Iraq Grows Revenues

By John Lee. Asiacell Iraq has benefitted from improvements in the security and economic situation in the country, according to its parent, the Qatari company Ooredoo. In its results for the first nine months of 2018, the company said: "With more areas liberated and network restoration underway, Asiacell reported a 3% increase in Revenue to […]

Asiacell Revenues Up

By John Lee. Qatar-based Ooredoo has announced that revenue at its Asiacell subsidiary in Iraq increased 6 percent to QAR 4.5 billion, while and EBITDA increased 3 percent to QAR 2.0 billion, for the year ended 31th December 2017. EBITDA margin was put at 44 percent. In a statement, the company said: "A key opportunity […]

Asiacell Revenues Up 11%

By John Lee. Ooredoo Group has reported that to reactivation of its sites in Mosul has contributed to an 11% increase in Asiacell's customer base (12.5 million customers) in the first nine months of 2017. Revenue increased 6% to QAR 3.3 billion, "demonstrating Asiacell's leadership in the market despite the difficult political and economic situation", […]

Asiacell Revenues Boosted by Mosul Liberation

By John Lee. Asiacell Iraq has announced 4 percent growth in revenues from QAR 2.1 billion ($570 million) in H1 2016 to almost QAR 2.2 billion ($600 million) in H1 2017. The customer base increased 13 percent to reach more than 12 million customers in H1 2017. EBITDA decreased by 3 percent and stood at […]

Asiacell Customer Numbers "Increased Significantly"

In its Q1 results, Ooredoo reports that its Iraqi division Asiacell maintained profitability and data market leadership in what it described as a "challenging economic and political environment". Customer numbers increased significantly by 13% to reach 12 million customers following network reconnection in liberated areas of the country. Asiacell maintained stable revenues of QAR 1.1 […]

Wikipedia "Data Free" in Iraq

Today, Wikimedia community members in Iraq, the Wikimedia Foundation, and Asiacell, one of Iraq’s largest mobile operators, announced a new partnership to provide access to Wikipedia free of mobile data charges to Asiacell’s nearly 12 million subscribers in Iraq. The partnership was announced today at a press event hosted by Ooredoo during Mobile World Congress […]