Ooredoo Kuwait Strengthens Market Leadership with Highest Profit and Revenue Growth in Telecom Sector Over Five Years

Kuwait’s telecommunications landscape is witnessing significant advancements, as highlighted in a recent study by the Kuwait Investment Company (KIC). The report reveals that Ooredoo Kuwait has emerged as a leader in digital transformation and market share growth, solidifying its operational strength in a competitive sector. The findings underscore the company’s robust financial performance and strategic initiatives from 2021 to 2025.

Strong Subscriber Growth and Market Leadership

Ooredoo Kuwait has recorded the highest compound annual growth rate (CAGR) in subscriber numbers within the telecom sector, achieving approximately 3.8% over the five-year period. This growth is attributed to the company’s effective digital-focused strategy and diversified service offerings, which have successfully attracted and retained customers.

The company’s market share has also risen to about 37.4% of total subscribers, reinforcing its position as a dominant player in Kuwait’s telecom market. The report attributes this success to ongoing customer trust and a steadfast commitment to service quality and network expansion.

Robust Financial Performance

In terms of financial metrics, Ooredoo Kuwait achieved the highest CAGR in operating revenues among telecom operators, reaching around 6.8%. Revenues surged from approximately 210 million Kuwaiti dinars in 2021 to nearly 274 million dinars by 2025. This growth is largely driven by the expansion of data services and subscription-based offerings.

The study indicates that digital services now account for approximately 77% of total revenues, reflecting the company’s successful transition to a data-centric business model that aligns with broader digital transformation trends in Kuwait.

Improved Operational Efficiency

Ooredoo Kuwait has also made significant strides in enhancing its operational efficiency. The company’s EBITDA margin increased to 32.85% in 2025, up from 26.9% the previous year. This improvement is supported by stronger operational performance and effective cost optimization measures.

EBITDA grew by around 27% year-on-year, reaching approximately 90 million Kuwaiti dinars, demonstrating improved operational leverage and disciplined financial management.

Investor Confidence and Market Appeal

The report further emphasizes Ooredoo Kuwait’s attractive valuation metrics and strong cash returns, which bolster investor confidence amid regional economic uncertainties. The company’s performance is reinforced by a strategy that fosters partnerships across various sectors, contributing to steady growth in shareholder value and market capitalization.

Future-Focused Digital Strategy

Ooredoo Kuwait’s strategic direction is centered on long-term investments in digital infrastructure, the expansion of 5G services, and the development of innovative solutions tailored for consumers, businesses, and government clients. As the demand for connectivity and data services continues to rise, the company remains well-positioned to sustain its growth momentum through ongoing investments in innovation and customer experience.

Abdulaziz Yaqoub Al-Babtain, Chief Executive Officer of Ooredoo Kuwait, stated that the findings reflect the company’s strategic direction and commitment to enhancing digital capabilities. He noted that the growth in subscribers and operating revenues over the past five years is a direct result of sustained investment in digital infrastructure and service development, aligned with Kuwait’s accelerating digital transformation.

Al-Babtain expressed pride in the trust placed in Ooredoo by its customers, which has translated into tangible gains in market share and financial performance. He affirmed the company’s commitment to innovation, the expansion of 5G services, and the provision of advanced digital solutions for individuals and businesses.

Looking ahead, Al-Babtain conveyed confidence in the company’s strategy, supported by strong fundamentals and a commitment to sustainable, high-quality growth in line with Kuwait’s 2035 vision for a fully integrated digital economy.

Source: www.zawya.com

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Published on 2026-04-20 22:05:00 • By the Editorial Desk