Ooredoo Palestine (formerly Wataniya Mobile Palestine Telecommunication Company or Wataniya Mobile for short) is one of the two mobile network operators in

the West Bank The West Bank ( ar, الضفة الغربية, translit=aḍ-Ḍiffah al-Ġarbiyyah; he, הגדה המערבית, translit=HaGadah HaMaʽaravit, also referred to by some Israelis as ) is a landlocked territory near the coast of the Mediter ...

(the other being

Jawwal Palestine Cellular Communications Company, trading as Jawwal ( ar, جوال), is the first Palestinian communications company specialized in cellular and wireless communications; assumes its business in the West Bank and Gaza Strip and is one of ...

), founded in November 2009. It describes itself as a member of the

Ooredoo Ooredoo QSC ( ar, أريد; formerly ''Qtel'') is a Qatari multinational telecommunications company headquartered in Doha. Ooredoo provides mobile, wireless, wire line, and content services with market share in domestic and international telec ...

Group, and it is 48.45% owned by

, 34.03% by the

Palestine Investment Fund The Palestine Investment Fund (PIF) was established in 2003 as an independent investment company aiming to strengthen the local economy through strategic investments, while maximising long-run returns for its ultimate shareholder; the people of P ...

, and 17.52% by others (freely traded). The chairman is Mohammed Abu Ramadan, who was formerly Palestinian Minister of State for Planning, and the CEO is Durgham Maraee. Ooredoo had 610,000 subscribers by the end of 2012, a 28% market share, and was the third largest company on the

Palestine Exchange The Palestine Exchange (PEX) ( ar, بورصة فلسطين, ''bursat filasteen'') is a stock exchange based in Nablus in the Palestinian territories. The PEX was established in 1995, and currently operates under the supervision of the Palestinian ...

by market capitalization, representing 13.8% of the

Al-Quds Index The Palestine Exchange (PEX) ( ar, بورصة فلسطين, ''bursat filasteen'') is a stock exchange based in Nablus in the Palestinian territories. The PEX was established in 1995, and currently operates under the supervision of the Palestinian ...

. Wataniya Palestine was started life as the mobile network, of which the majority owner was being Qtel (now Ooredoo).

References

External links

* {{Palestine-org-stub Telecommunications companies established in 2009 Mobile phone companies of the State of Palestine

Palestine __NOTOC__ Palestine may refer to: * State of Palestine, a state in Western Asia * Palestine (region), a geographic region in Western Asia * Palestinian territories, territories occupied by Israel since 1967, namely the West Bank (including East ...

2009 establishments in the Palestinian territories