Ooredoo Oman to issue consolidated group financial statement

05/07/2017 05:47 AST

Ooredoo Oman has announced that from the second quarter of 2017 it will be issuing a consolidated group financial statement, combining its standalone financial statement and that of Duqm Data Centre SAOC (D2C) CRN 1222701, in which Ooredoo Oman has a 51 per cent shareholding.

D2C is a joint venture with Navlink, OHI and the Ministry of Defence Pension Fund (MoDPF) created to reinforce Ooredoo Oman's data leadership position and to support the fast-paced digital transformation of the Sultanate.

This future-focused new company provides a complete cutting-edge portfolio of essential core data services. These include co-location hosting; managed and advanced hosting; business continuity and disaster recovery; managed storage, security and LAN; infrastructure and software as a service; consulting in systems and network integration.

Already operational and benefiting from the state-of-the-art digital infrastructure of Ooredoo and its partners, D2C has plans in place for a network of purpose built next generation data centres in strategic locations across Oman.

Offering maximum security, the facilities have been designed by global experts in data centre architecture, Altron, in full compliance with international regulations, the highest level of carrier standards, and according to Ooredoo's strict specifications.

"As companies and organisations across Oman transition to the digital world, they are faced with the challenge of conserving and protecting their critical data, one of their most valuable assets. With in-depth industry knowledge, comprehensive cost-effective services, the latest technology and standard-setting facilities, D2C is uniquely positioned to offer highly reliable advanced solutions," said Ian Dench, Ooredoo's chief executive officer.

"Safeguarding precious data, D2C supports enterprises, establishments and institutions of all sizes on their digital journey and gives them the peace of mind to pursue their business goals as they continue to drive the economic competitiveness of Oman," he added.

The establishment of D2C is the latest milestone for Ooredoo as it continues to champion Oman's digital evolution through the provision of world-leading facilities and ground-breaking data-driven services.

Times of Oman