Qatar based telecommunication empire Ooredoo has confirmed its plan to increase investment scope in Maldives. The statement was confirmed during the first Annual General Meeting of Ooredoo Maldives.
Chairman of Ooredoo Maldives, Khalid Ibrahim Al Mahmood confirmed new investment expansion is planned in Maldives adding about the positive income generated as well.
Chairman Mahmood also highlighted the digital innovation and transformation brought by Ooredoo has been well received in Maldives and therefore further investment in expanding technological advancements; a priority of the company has been planned.
While announcing details of Ooredoo Maldives' annual report for the fiscal run of 2016, the company's Chief Executive Officer Najeeb Khan was pleased with the increase of customer base and several other achievements.
Khan claimed that "revenue had increased by 36 percent" while the income for past three years had grown exponentially.
Ooredoo established as telecom competitor against Maldivian grown Dhiraagu back in 2005. With the inception of Ooredoo the telecommunication framework in Maldives saw drastic changes.
