Ooredoo and Telefónica announce strategic partnershipEnterprise
- Ooredoo will become part of Telefónica's Partner Program, as part of this strategic agreement.
Doha, Qatar & Madrid, Spain, March 4th, 2015 – Telefónica and Ooredoo, a leading international telecommunications company operating across market in the Middle East, North Africa and Southeast Asia, jointly announce the signature of a Strategic Partnership Agreement. The partnership will allow Ooredoo to become part of the Telefónica's Partners Progam, which enables telecommunications operators to work together and to benefit from Telefónica's scale and knowledge.
Under the terms of the Agreement, both companies have agreed to work together to capture synergies in Procurement, the main area of cooperation. Both Groups will focus on leveraging the economies of scale and the broad experience in centralized procurement of Telefónica. The aim of this collaboration will be the optimization of Ooredoo's affiliates purchasing costs in selected types of network and customer equipment. Both groups will work towards coordinating selected purchases “end to end”, including technical alignment of specifications, selection of vendors and synchronized negotiations.
Ooredoo and Telefónica will also engage in other business areas under the scope of the Partners Program such as alignment in key technology projects, common approach to multinational clients for M2M, managed mobility and data services, staff development and training programs, international wholesale and various others.
The partnership is expected to reinforce both Groups positions in the areas agreed, as well further accelerate Ooredoo consolidation as an international group by sharing Telefonica’s proven experience on cross-country coordination and synergies generation.
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