Moody’s affirms Ooredoo at A2 and outlook upgraded to Stable

Ooredoo Q.S.C. (“Ooredoo”) - Ticker: ORDS - notes Moody’s affirmation of Ooredoo’s long term corporate credit ratings at ‘A2' with an upgrade to Ooredoo’s outlook from “Negative” to “Stable”. Moody’s latest research update on Ooredoo reflects its expectations that the EBITDA margin and free cash flow improvement derived from Ooredoo’s efficiency drive will continue over the next two years.