Qatar Telecom

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Recent Articles

• Wataniya to list shares in Doha2 July 2008

  Parent firm Qtel decides to list Kuwaiti telecom in Qatar after winning approval last week, report says.

• Qtel raises stake in Indonesian operator7 June 2008

  Qatari telecom increases share in PT Indosat to 40.8% in deal worth $1.8bn, now largest stakeholder.

• Qtel eyes India GSM opportunities22 May 2008

  Qatar telecom giant looks to tap massive growth opportunities in subcontinent, says company official.

• Strong customer growth lifts Qtel profits1 May 2008

  Results "reflect success of strategy", says chairman.

• Omantel posts record profit on royalty cut28 April 2008

  Omani telecom nets biggest ever Q1 income of $99.74mn after paying less royalties and gaining users.

• Communication companies in MoU with Energy City Qatar27 March 2008

  Communications holding company, AT&T recently announced that a subsidiary, in association with Qtel and NavLink, signed a memorandum of understanding with Energy City Qatar (ECQ) to jointly develop and deliver data communications services and solutions to the ‘first-of-its kind' business centre in the Middle East.

• Gulf markets rebound12 March 2008

  Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.

• Omani telco to up investment, plans IPO12 March 2008

  Nawras to invest $260mn this year, looking to sell 40% stake, CEO says.

• Energy City Qatar signs ATandT and Qtel11 March 2008

  AT&T and Qtel to provide voice and data services to Qatar's energy development

• Instant success for Qtel’s SMS chat service4 March 2008

  Mozaic SMS Chat service handles over 11 million user messages in first week after launch

• Qtel sees earnings drop 9.6% due to Wataniya buy24 February 2008

  Qatari telecom says Q4 net profit fell to $100mn due to amortisation impact.

• Internet problems continue with fourth cable break3 February 2008

  Services in Qatar seriously disrupted by damage to cable linking Gulf state to UAE.

• Qtel joins sharks circling Lebanese telcos27 December 2007

  Qatari operator will bid for a stake in either Alfa or MTC in gov't auction, executive says.

• Qatar fixed-line bids due February17 December 2007

  Five firms express interest in licence set to end Qtel's fixed-line monopoly, regulator says.

• Last Arab telecoms monopoly falls10 December 2007

  Britain's Vodafone beats rivals including Etisalat and Zain to win Qatar's second mobile phone licence.

• Qtel eyes more acquisitions, IPO on the cards6 December 2007

  Qatari telco looking at options such as selling shares or bonds to fund growth, CEO says.

• Qtel prepares for Palestinian launch20 November 2007

  Low market penetration and a lack of competition indicate significant potential, according to Qtel CEO.

• Q3 profits slip for Qtel12 November 2007

  Refinancing and acquisition costs eat into Qtel's Q3 profits

• Qtel borrows $3 billion to cover acquisition debts7 November 2007

  Loan expected to help Qtel expand its operations in Kuwait

• Qtel raises $3bn to refinance Wataniya acquisition5 November 2007

  Qatari operator increases size of loan following interest from banks.

• Dubai World, QTEL seek credit ratings11 September 2007

  State-run companies say move could help to lower borrowing costs as they expand internationally.

• Oman's Nawras to turn profit next quarter3 September 2007

  CEO of Qtel affiliate says mobile telco taken 40% of market in 30 months of operations.

• Qtel to refinance $2.5bn loan30 August 2007

  The Qatari operator is to try and cut the cost of its acquisition of Kuwaiti telco Wataniya in March.

• Huge boost to Iraqi mobile coverage predicted23 August 2007

  Communications minister says new licences will improve networks dramatically.

• Asiacell buys out Cayman affiliate19 August 2007

  Qtel says Asiacell has bought all the Iraqi assets of a company being shut down by a Cayman Islands court.