Ooredoo Palestine Achieves Revenue and Operational Performance Growth in the First Half of 2026
Companies & Institutions

Ooredoo Palestine Achieves Revenue and Operational Performance Growth in the First Half of 2026

SadaNews - Ooredoo Palestine announced its financial results for the first half of 2026, revealing the company’s continued growth in revenue and operational performance, reflecting the strength of its operations and the success of its strategy in enhancing operational efficiency and providing innovative services that meet subscribers' needs.

According to the financial disclosure statement issued by the company, Ooredoo Palestine recorded strong revenue growth in the first half of 2026, with an increase of 18%, reaching $59.7 million compared to the same period last year. The company also achieved a 5.5% growth in net profits from the previous year, bringing its net profits to $7.9 million, while maintaining its subscriber base at approximately 1.53 million subscribers by the end of the first half of 2026.

These results come amidst the ongoing political and economic conditions in Palestine and the region, which impose challenges on various sectors, reflecting the company's ability to maintain the stability of its operations and continue achieving positive results through a focus on operational efficiency and enhancing the subscriber experience.

Commenting on these results, Dr. Samer Fares, CEO of Ooredoo Palestine, said: "These results reflect the robustness of Ooredoo Palestine's business model, its ability to achieve outstanding performance, and enhance its competitive position despite the challenges in the market. This performance confirms the success of our strategy based on innovation, operational excellence, and continuously improving the subscriber experience, which enhances our ability to deliver long-term value to our shareholders and subscribers."

Dr. Samer Fares emphasized that Ooredoo Palestine is committed to executing its strategy aimed at solidifying its leadership position in the telecommunications sector by continuing to invest in developing its infrastructure and preparing to launch 4G services, as well as expanding innovative digital solutions and services, notably the e-Signature service recently launched by the company, becoming the first fully digital Palestinian company, in addition to enhancing the efficiency of its operations and increasing its contribution to supporting the national economy and achieving sustainable development.