Telecoms news from Qatar
Qatar's telecoms regulator, ictQATAR has launched a public consultation on a draft Radio Spectrum Fees Policy and Fees Schedule. ...more.
Qatar's Ooredoo says that it has seen strong early demand from customers using its recently-launched LTE network. ...more.
Qatar's Ooredoo (Qatar Telecom) has announced that its first-quarter revenues rose by 5.2% to reach QAR8.44 billion, while net profits were also up, by 13.6% to QAR808 million. ...more.
Vodafone Qatar has announced that it will appoint a new Chief Executive Officer from June 2013. ...more.
The affirmation reflects Fitch's assessment of the sovereign's creditworthiness due to Ooredoo's strong operational and strategic ties with the State of Qatar, which directly and indirectly holds 68% ownership of Ooredoo. ...more.
Qatar's Ooredoo (formerly Qatar Telecom) says that it will be the first network operator in the country to offer LTE services, when it launches its service next month. ...more.
Qatar based Ooredoo -- the new name for Qatar Telecom -- has reported fourth quarter revenues that rose by 6.4% to reach QAR8.71 billion (US$2.4 billion), and a net profit that was up by 14.6% to QAR 523 million (US$144 million). ...more.
Qatar Telecom has announced that it is no longer to be known as a company based in Qatar, or a telecoms company, or want any capitals in its name whatsoever. The company is be known henceforth as "ooredoo". ...more.
On average, a household in Qatar owns three mobile phones, two computers, and one smartphone, and people are using this technology to access the Internet in ever-greater numbers, according to a report commissioned by the telecoms regulator. ...more.
Qatar Telecom is said to be close to securing a $1 billion loan facility which could be used to finance general business operations, but will also leave open speculation about further overseas acquisitions. ...more.
Qatar's Qtel is set to boost mobile network coverage and performance in the country throughout 2013, it announced today. ...more.
Qatar Telecom (Qtel) has signed a US$500 million Islamic finance deal with the local Qatar Islamic Bank. It is the first Islamic finance deal signed by Qtel. ...more.
Qatar Telecom (Qtel) has closed on its offer to increase its stake in Wataniya Telecom Kuwait, and has secured ownership of 92.1% of the company. ...more.
Qatat Telecom (Qtel) says that hundreds of customers will take part in one of the region's largest tests of a LTE network before Qtel commercially launches the service in the end of 2012. ...more.
Qatar Telecom (Qtel) says that it has received the approval from the Kuwait Capital Markets Authority (CMA) to go ahead with the previously announced deal to buy the remaining 47.5% stake in Wataniya Telecom that it does not currently own. ...more.
Qatar Telecom (Qtel) has announced that its second-quarter revenues rose by 4.6 percent to QAR8.4 billion, although net profits fell by 11.3% to QAR641 million. ...more.
Qatar's Qtel today announced that customers of its Mobile Money service can now withdraw cash direct from Qatar National Bank's (QNB) nationwide network of ATMs using their mWallet accounts ...more.
Qatar Telecom (Qtel) has confirmed that it is making an offer to buy out the remaining shareholders in its Wataniya Telecom subsidiary in a US$1.9 billion deal. ...more.
The two Qatar based mobile networks, Qtel and Vodafone have signed a contract with Norway's Systor Group - a provider of Mobile Number Portability solutions - as their technology partner for the introduction of MNP in Qatar. ...more.
Qatar Telecom (Qtel) is reported to have reached an agreement to double its stake in Iraq's Asiacell for a total of US$1.47 billion. ...more.