Ooredoo announced that its customer base has exceeded 100 million people across its footprint in the Middle East, North Africa and Southeast Asia.
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Ooredoo achieved this milestone in Q4 2014, following a year that saw the company grow its customer base in key markets like Qatar, Algeria and Oman, as well as launch operations in new markets like Myanmar.
Ooredoo operates in markets with an addressable population of more than 700 million people, and sees strong potential for growth across its footprint. Its newest market, Myanmar, has a population of around 53 million people and a relatively low mobile penetration rate of 27 percent, according to the Ministry of Telecommunications and Information Technology.
Within its first month of commercial operations in 2014, Ooredoo reached more than one million customers in the country. Ooredoo also achieved key milestones in a number of its core markets in 2014, growing its customer base in Qatar to more than three million and reaching more than 3.5 million 3G customers in Algeria within one year of the launch of 3G services.
Telefónica and Ooredoo jointly announced the signature of a Strategic Partnership Agreement.
The partnership will allow Ooredoo to become part of the Telefónica's Partners Program, which enables telecommunications operators to work together and to benefit from Telefónica's scale and knowledge. Under the terms of the Agreement, both companies have agreed to work together to capture synergies in Procurement, the main area of cooperation.
Both Groups will focus on leveraging the economies of scale and the broad experience in centralized procurement of Telefónica. The aim of this collaboration will be the optimization of Ooredoo's affiliates purchasing costs in selected types of network and customer equipment.
Both groups will work towards coordinating selected purchases "end to end", including technical alignment of specifications, selection of vendors and synchronized negotiations.
Ooredoo and Telefónica will also engage in other business areas under the scope of the Partners Program such as alignment in key technology projects, common approach to multinational clients for M2M, managed mobility and data services, staff development and training programs, international wholesale and various others. ■