National Mobile Telecommunications Company K.S.C.
KKSE:OOREDOO1,583.00
KWF
-67.00
(-4.06%)
ISIN
KW0EQ0601132
Return %
Stock
S&P 500
1Y
10.39
14.20
3Y
28.39
81.12
5Y
132.11
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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- CEO
- Abdulaziz Al Babtain
- Sector
- Communications
- Industry
- Wireless telecommunications
- Address
- Kuwait City Kuwait
- IPO Date
- Jul 17, 1999
- Website
- ooredoo.com.kw
- Similar Companies
- Business
- National Mobile Telecommunications Company K.S.C.P., commercially known as Ooredoo Kuwait, is a Kuwait-based telecommunications and information and communications technology provider that offers integrated mobile, fixed-line, broadband, digital, and managed enterprise solutions. Founded in 1997 and headquartered in Kuwait City, Kuwait, the company is listed on Boursa Kuwait and operates as a principal operating subsidiary of Qatar-based Ooredoo Q.P.S.C., which maintains a controlling equity stake. The company provides a comprehensive portfolio of consumer and enterprise products and services, including prepaid and postpaid mobile voice and high-speed data plans; 5G mobile and fixed wireless access broadband; fiber-to-the-home and fixed broadband internet provided through its wholly owned subsidiary Fast Telecommunication Company W.L.L. (FASTtelco); international roaming, roaming data bundles, and digital messaging; handset sales, smart devices, and consumer device financing; digital entertainment and value-added mobile services; enterprise connectivity comprising dedicated internet access, Ethernet virtual private networks, multiprotocol label switching, and international IP-VPN; managed data center colocation, disaster recovery, and hybrid multi-cloud hosting; cybersecurity services, including managed detection and response, distributed denial-of-service mitigation, and security operations center management; Internet of Things connectivity, fleet management, machine-to-machine communications, and smart city infrastructure; and unified communications, SIP trunking, and enterprise collaboration platforms. The company conducts business across the Middle East, North Africa, and South Asia regions through direct operations and consolidated subsidiaries, including Wataniya Telecom Algerie S.P.A. in Algeria, Ooredoo Maldives PLC in the Maldives, Wataniya Palestine Mobile Telecommunication Public Shareholding Company in Palestine, and telecommunications operations in Tunisia. In recent developments, the company has accelerated network modernization through the trial and commercial rollout of 5G-Advanced (5.5G) technologies and AI-driven network management in collaboration with strategic equipment partners such as Huawei; expanded enterprise cloud and sovereign data center capabilities to support artificial intelligence workloads and public sector digital transformation; advanced passive infrastructure optimization and telecom tower asset restructuring in alignment with broader group initiatives to create independent tower platforms; broadened its portfolio of cybersecurity and smart automated enterprise solutions; and upgraded its digital omnichannel platforms, mobile application ecosystems, and automated customer self-service channels.