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Earnings Score 42 Bullish

Ooredoo Reports Steady Q1 Growth Amid Regional Tensions

May 01, 2026 06:24 UTC
ORQD
Short term

Qatar-based telecom giant Ooredoo posted a 6% year-over-year revenue increase for the first quarter. CEO Aziz Aluthman Fakhroo confirmed that regional crises have not disrupted operations.

  • Revenue increased 6% year-over-year
  • Net profit rose by 4.7%
  • Results aligned with analyst expectations
  • CEO confirms zero operational interruptions due to regional crisis

Ooredoo has started 2026 with positive momentum, reporting financial results for the first quarter that align with market expectations. The Qatar-based telecommunications provider saw its revenue climb 6% compared to the same period last year. The results come amid ongoing regional instability in the Middle East. However, Group CEO Aziz Aluthman Fakhroo emphasized that the company's operational integrity remains intact, stating there have been zero interruptions to service or business continuity resulting from the regional crisis. In addition to the revenue growth, Ooredoo reported a 4.7% increase in profit. These figures suggest a resilient business model capable of maintaining growth trajectories despite the geopolitical headwinds facing the broader region. For investors, the results signal stability in the Gulf's digital infrastructure sector. The alignment with analyst estimates suggests that the market had already priced in the current operational environment, and the CEO's comments serve to mitigate fears of sudden geopolitical shocks to the company's bottom line.

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