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National Mobile Telecommunications Company K.S.C.P (Kuwait)

Main Activities: Wireless Telecommunications Carriers (except Satellite)
Full name: National Mobile Telecommunications Company K.S.C.P Profile Updated: November 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

National Mobile Telecommunications Co, also known as Wataniya is a Kuwaiti telecommunication company headquartered in Safat in Kuwait. It was incorporated in 1997 but it was commercially launched in 1999 and it has been listed in Kuwait stock exchange since 1999. In May 2014 the company announced that it adopted the new global brand Ooredoo. It provides mobile, fixed, broadband internet, mobile telephone services and corporate managed services.

Headquarters
Ooredoo Tower - Al Murqab Area Block 1 - Al-Sour Street, P.O Box 613
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13007

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Website: http://www.ooredoo.com.kw

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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92.11%
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Subsidiaries
Abraj Al Kuwait Holding L.L.C.
Al-Wataniya Gulf Telecommunications Holding Co. (Bahrain)
El Watania Telecom Algerie (Algeria)
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net sales revenue
8.39%
Total operating revenue
-0.51%
Operating profit (EBIT)
-20.54%
EBITDA
-12.68%
Net Profit (Loss) for the Period
-39.65%
Total assets
1.99%
Total equity
-3.16%
Operating Profit Margin (ROS)
-7.74%
Net Profit Margin
-8.29%
Return on Equity (ROE)
-5%
Debt to Equity Ratio
-0.14%
Quick Ratio
-0.02%
Cash Ratio
-0.04%

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