Doha: Ooredoo Group has as soon as once more ranked within the Prime 50 International Telecommunications manufacturers, sustaining its place as one of many world’s main telecoms firms, in response to the just lately launched Model Finance Telecoms 150 2022 report.
Ooredoo Group’s model worth elevated 6% from its worth in 2021, and the corporate appeared within the rating checklist for the sixth consecutive yr with a complete model worth of $3.412 bn. The Group maintained its Model Power Index at 79, and its model score of AA+ for the fourth consecutive yr.
Business valuation and technique consultancy Model Finance attributes the 6% development in model worth partially to optimistic contributions coming from Indonesia, Algeria, Tunisia and Qatar, pushed by optimistic enterprise efficiency from these working firms.
Model Finance produces the rankings checklist yearly in response to valuations of telecommunications firms throughout the globe. Manufacturers are first evaluated to find out their power – based mostly on elements resembling advertising and marketing funding, familiarity, loyalty, employees satisfaction and company repute – and this power is then used to quantify the model’s worth, by calculating the proportion of a enterprise’s income that’s contributed by the model. Data from every course of is used to create rankings of the world’s most respected telecoms manufacturers. Model Finance has carefully monitored Ooredoo Group’s model worth since its world model roll-out in 2013, with the Group now having featured within the prime 50 world telecommunications manufacturers for six consecutive years.
The Doha-based telecommunications supplier has working firms in 10 markets throughout the Center East, North Africa and Southeast Asia.
Ooredoo Group has made strong progress throughout key strategic areas, capitalising on digital alternatives introduced by modifications in market developments and accelerating its digital transformation consistent with its strategic plan to function in an agile, adaptable means. Funding in networks, know-how and other people has enabled the corporate to ship transformational digital experiences and place itself as a market main connectivity supplier throughout its world footprint.
Talking of the affirmation of Ooredoo Group’s place, Sheikh Mohammed Bin Abdulla Al Thani, Deputy Group Chief Government Officer at Ooredoo, mentioned: “We’re proud to as soon as once more be named one of many prime 50 telecommunications manufacturers, and delighted that now we have maintained this prestigious standing for a sixth consecutive yr.
“That is testomony to our appreciable contribution to the telecommunications business, a contribution which is a direct results of our dedication to investing in innovation, know-how and other people to make sure we are able to provide the very best services throughout our markets.”
He continued: “We’re consolidating our place as a pioneer of business 5G and making thrilling progress in each our personal digital transformation and as a part of the digital revolution.
“We consider our aggressive technique, sturdy management and dedication to evolving into a wise telco will stand us in good stead to drive this momentum ahead, enabling us to keep up and improve our model worth within the years to return.”