Doha, Qatar, 19 October 2016: Ooredoo Q.S.C. (“Ooredoo”) – Ticker: ORDS – today announced that Ooredoo Oman has accepted Mr. Greg Young’s resignation from his post as Chief Executive Officer, and appointed its Chief Financial Officer, Mr. Jorgen Latte, as Acting Chief Executive Officer until the Company appoints a new Chief Executive Officer.
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 USD 8.8 billion in 2015 and had a consolidated global customer base of 117 million customers as of 31 December 2015. Ooredoo’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.
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