Ooredoo Maldives has reported a strong performance for the third quarter of 2025, recording steady growth across its key financial and operational indicators. The company posted a consolidated revenue of MVR 549 million for the quarter ended 30 September 2025, up 1 percent from the same period last year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 7 percent year-on-year to MVR 313 million, reflecting continued operational efficiency and cost optimisation. Net profit attributable to shareholders reached MVR 181 million, marking an 8 percent increase compared to Q3 2024. Over the first nine months of the year, Ooredoo Maldives reported a net profit of MVR 518 million and an EBITDA of MVR 914 million.
Customer growth also remained healthy, with the total customer base rising 6 percent to 421,000 by the end of September 2025.
During the quarter, Ooredoo expanded its SuperNet Fibre Broadband service to the islands of B. Thulhaadhoo and ADh. Hangnaameedhoo, further strengthening nationwide digital connectivity. In partnership with Amana Takaful Insurance, the company also introduced complimentary home insurance for SuperNet customers.
Ooredoo continued to play an active role in community and cultural engagement through initiatives such as “Mas Race 2025” held in K. Huraa, which featured 19 fishing teams and celebrated Maldivian heritage. The company’s digital version of the competition also drew strong participation, with more than 22,000 players catching over seven million virtual fish within two weeks.
As part of its 20th anniversary celebrations, Ooredoo launched a series of promotions, including the “Live Unlimited” campaign offering Umrah and Hajj rewards, *929# Super Deals, and the “Spin the Wheel” promotion. The iPhone 17 series was also introduced exclusively for Moolee and VIP customers.
Ooredoo Nation continued to lead the local eSports scene with several major tournaments, including the first-ever Inter-College eSports Championship, the Inter-Office eSports Championship, and the Ooredoo Nation Atoll eSports League, which featured 49 teams from 35 islands across 16 atolls.
The company also earned multiple awards during the quarter, including the Bronze Stevie Award for Employer of the Year – Telecommunications, a National Award of Recognition in the Business and Economic Development category, and the “Ran Fanara” Award from the Maldives Inland Revenue Authority.
Commenting on the results, Managing Director and CEO Khalid Al-Hamadi said the company’s performance reflected “strategic investments in innovation and customer experience.” He highlighted Ooredoo’s focus on advancing digital inclusion, integrating artificial intelligence across operations, and enhancing national infrastructure, including the landing of a submarine cable at Waldorf Astoria Maldives Ithaafushi, the country’s first private 5G-enabled resort.
