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Articles tagged with: Wataniya and Qatar Telecom
Wataniya Eyeing Further Acquisitions
Kuwaiti telco, wataniya expects to to announce an acquisition shortly and is considering others as its main shareholder, Qatar Telecom (Qtel) seeks growth outside its home market. Qtel paid US$3.7 billion for a 51% stake in wataniya in March 2007, and later increased that to 52.5%. The company will be listed on the Doha Securities Market later this year. more
Related Tags: qtel, medi-telecom, africa, planning, Kuwait
Qtel Profits Up 15% on New Services - Impacted by Currency Wobbles
Qatar Telecom (Qtel) has announced a 58% rise in first quarter revenues to reach QAR 5.6 billion while profits rose 15% to reach QAR 604.4 million. more
Related Tags: qtel, indosat, asiacell, wataniya-telecom, nawras, , roaming, presence, Qatar
Qatar Telecom Buys Control of Kuwait's Wataniya
Qatar Telecom has announced that it is paying US$3.7 billion for a controlling shareholding in Kuwait based, wataniya, which has mobile operations in seven countries in the region. Qtel will acquire 51% of the share capital of wataniya from Kuwait Projects Company Holding KSC (KIPCO) and other related parties as well as further and additional direct investments in its Algeria and Iraq operations for a total consideration of $3.7 billion. more
Related Tags: qtel, indosat, nawras
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