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Ooredoo confirms interest in Algerian 3G auctions

Qatari group Ooredoo has stated its intent to participate in Algeria’s upcoming 3G licensing process, with chairman Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani commending the Algerian authorities for the speed with which they have initiated the process.

“We welcome the Algerian Authorities’ decision to begin the process for granting 3G licenses. As a long-term partner in the growth and development of the telecommunications sector in Algeria, Ooredoo will participate fully in this process”, said Al-Thani.

He added: “We have seen how people around the world benefit from 3G innovations, and know that a new 3G network will enrich the lives of customers across Algeria. In particular, we want to play a role in enabling Algerian developers and young innovators to create local apps and content, to better meet the needs of the people of this proud nation.”

The Algerian market is currently one of the high growth markets for Ooredoo in its global footprint, alongside Indonesia, Qatar, and Iraq. Ooredoo currently operates the Nedjima company in Algeria, which has seen its revenue increase 19% year-on-year since H1 2012.

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