Wataniya Mobile Palestine

General Information
Company Name
Wataniya Mobile Palestine
Founded Year
2006
Location (Offices)
Palestinian Territory Occupied +1
Founders / Decision Makers
Number of Employees
230
Industries
Mobile, Telecom
Funding Stage
Debt Financing
Social Media

Wataniya Mobile Palestine - Company Profile

Wataniya Mobile Palestine is a member of the Ooredoo Group and was launched in November 2009. The company aims to be the communications leader of choice and is committed to providing customers with an excellent experience and service, as well as being a sought-after employer. Offering a portfolio of products and services tailored to suit business and personal needs, Wataniya Mobile Palestine provides simple and understandable tariff plans, value for money, and the highest standards of network quality, coverage, and service. Initially established as a partnership between the Wataniya Group and the Palestine Investment Fund (PIF) with ownership stakes of 57% and 43% respectively, it has since completed a public listing of its shares representing 15% of its share capital. The current ownership structure consists of Ooredoo at 48.45%, the Palestine Investment Fund at 34.03%, and a 17.52% free float. Drawing on Ooredoo's extensive telecommunications experience from its operations in 14 countries, Wataniya Mobile Palestine benefits from the knowledge and expertise to achieve a superior customer experience. With the International Finance Corporation, GuarantCo, and Bank of Palestine as its last investment investors, Wataniya Mobile Palestine secured an Debt Financing investment on 4th February 2009. The company's presence contributes to economic change in Palestine, stimulating employment and business development. For those interested in career opportunities, the company's open vacancies can be found on its website at Wataniya Mobile Palestine Careers.

Taxonomy: telecommunications, mobile company, network quality, Ooredoo Group, Palestine, telecom industry, employment, business development, telecom expertise, public listing, corporate partnerships, investment, network coverage, Palestine economy

Funding Rounds & Investors of Wataniya Mobile Palestine (2)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $85.00M 3 04 Feb 2009
Debt Financing $140.00M 2 01 Jan 2009

Latest News of Wataniya Mobile Palestine

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No recent news or press coverage available for Wataniya Mobile Palestine.

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