DOHA, Qatar, Nov. 20, 2015 /PRNewswire/ -- Ooredoo today announced a five-year extension of their strategic cooperation agreement with Huawei, which will see the two companies deepen their partnership to support Ooredoo's market leadership across its footprint.
The agreement was announced in Doha, Qatar and was signed by Ahmed Al Derbesti, COO of Ooredoo Group, and Eric Xu, Deputy Chairman of the Board and Rotating CEO of Huawei.
As part of the agreement, Huawei will provide a variety of solutions and professional services to benefit all Ooredoo Group's operating companies, including advanced 2G, 3G, LTE, LTE-A, Antenna, Microwave, Virtualised Core and IP Multimedia Subsystem mobile broadband technologies.
This agreement will enable the two organisations to collaborate in deploying best-in-class data, voice, multi-media, and other advanced services to help solidify Ooredoo's market leadership in the Middle East, North Africa and Southeast Asia.
H.E Sheikh Saud bin Nasser Al Thani, Group CEO, Ooredoo, commented: "Our industry is changing faster than ever before, and we are evolving to capture these new opportunities and stay ahead of the curve. By expanding our relationship with industry leaders like Huawei, we are confident that Ooredoo can continue to offer a better customer experience, strengthen our foundations, and continue to launch new and innovative services that enrich people's lives."
Eric Xu, Deputy Chairman of the Board and Rotating CEO of Huawei, said: "Huawei welcomes a future of connected possibilities and openly cooperates with industry partners in more than 170 countries worldwide to build a better connected world. Huawei and Ooredoo have had the privilege to do this together for many years. We now look forward to renewing our partnerships around the globe, which can enable more people to participate in and benefit from technological innovation."
Ooredoo is focused on building its data leadership across its footprint, recognising the exponential growth in demand for data services. Ooredoo currently has data leadership in a range of markets, including Algeria, Iraq, Qatar and Tunisia, and data services now represent 35 percent of Group revenue.
The agreement with Huawei contains provisions for a streamlined approach to doing business, enabling Ooredoo to pioneer new services and solutions with greater agility while addressing challenges posed by rapid transformations in the global ICT industry.
Over the last decade Ooredoo and Huawei have cooperated on various milestone projects within the ICT sector. This has included working together to implement Ooredoo's national Fibre-To-The-Home (FTTH) broadband network within Qatar, collaborating to deliver the fastest deployment of national fibre in the world.
In recent years, Ooredoo has also cooperated with Huawei globally in countries such as Oman, Kuwait, Iraq, Tunisia, Myanmar, Maldives and Indonesia to deploy cutting-edge mobile broadband technologies.
Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people's lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named "Most Innovative Company of the Year - MEA Region" at the 2015 International Business Awards.
The company reported revenues of US$ 9.1 billion in 2014 and had a consolidated global customer base of 114.9 million customers as of 30 September 2015. Ooredoo's shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.
Huawei is a leading global information and communications technology (ICT) solutions provider with the vision to enrich life through communication. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solutions portfolio that gives our customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei's 150,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Our innovative ICT solutions, products and services have been deployed in over 170 countries and regions, serving more than one third of the world's population. Founded in 1987, Huawei is a private company fully-owned by its employees.
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