Global credit rating agency Moody’s has said Qatar Telecom’s (Qtel) proposed minority stake buyout in Wataniya is credit negative. Although it will reduce Qtel’s liquidity headroom, given that this is the second significant minority buyout it announced
Qatar Telecom (Qtel), the majority state-held telecoms operator, has offered to buy the remaining 47.5 per cent stake it does not already own in Kuwaiti unit Wataniya, a Kuwaiti bourse statement said on Tuesday. Based on Wataniya's current market
Qatar Telecom (QTEL) QSC offered to buy a stake valued at about $1.9 billion in Kuwait’s National Mobile Telecommunications Co. as it steps up acquisitions amid competition at home. Qatar Telecom offered to buy the shares it doesn’t already own in
Qtel and Lusail Real Estate Development have signed a major agreement which will see Qtel deliver advanced telecom services to the residents of the mega-development, including businesses and government entities. Lusail, Qatar’s future city which will
A major company of the Qtel Group, the telecom leader in Qatar, was honoured for its pioneering services for women in Indonesia at the recent Global Telecoms Business Innovation Awards 2012 in London. All the awards were for projects that involve at
A leading company of the Qtel Group, the world's fastest-growing telecoms company by revenue over the last five years, was honoured for its pioneering services for women in Indonesia at the glittering Global Telecoms Business Innovation Awards 2012
The chief executive of Wataniya, Kuwait's No. 2 telecoms operator, has resigned, parent company Qatar Telecom (Qtel) said on Tuesday. Qtel said Scott Gegenheimer left to "pursue other opportunities" and his deputy Abdulaziz Fakhroo has been promoted to
Qtel and Vodafone Qatar took another important step forward last week, when operators signed a contract with Norway's Systor Group, a provider of Mobile Number Portability (MNP) solutions, as the technology partner for the introduction of this service in
Qatar Telecom (Qtel) is interested in acquisitions in Libya and Syria as it extends its geographical reach and focuses on new data and broadband offerings, the company’s chief executive said yesterday. Qtel, which aims to be among the world’s 20 biggest
Qtel has reached agreements to double its shareholding in Asiacell, the Iraqi mobile operator, to 60% for $1.47bn. Qtel, however, will initially increase its ownership in Asiacell to only 53.9% with the further increase in shareholding subject to Iraqi
Qatar Telecom (Qtel) Q.S.C. announced that it has reached agreements to increase its shareholding in Asiacell, the Iraqi mobile operator. Qtel has agreed to increase its shareholding to 60% for a total consideration of USD 1.47 billion. Qtel will