New partecipant on The Ashburn (Washington DC metro) GigE Exchange:
206.223.115.181 equinix.ash-gw01.qatar.net.qa
Our Vision |
To be among the top 20 telecommunications companies in the world by 2020. | | |
Our Company Profile | Qatar Telecom (Qtel) is the telecommunications service provider licensed by the Supreme Council of Information and Communication Technology (ictQATAR) to provide both fixed and mobile telecommunications services in the state of Qatar. We have a presence in 16 countries and we are committed to expansion both in the MENA region and South East Asia. Achievements - The 22nd of June, 2008 witnessed the first step in Qtel’s strategy to deploy WiMAX services in the region after establishing wi-tribe Group, when we launched wireless broadband Internet service for the first time in Jordan.
- In June 2008 we completed our acquisition of Indonesia Communications Limited (“ICLM”) and Indonesia Communications Pte. Ltd. (“ICLS”), which hold a combined 40.8%, interest in PT Indosat Tbk (“Indosat”) for US$1.8 billion in cash. With this transaction, the Group has increased its strategic stake in Indosat and raised Qtel’s customers base up to nearly 44 million customers in 16 countries. This also broadened the company’s interests in Indonesia, the fourth most populous country in the world.
- In 2007 we received the "Deal of the Year" award after acquiring 51% of the share capital of Kuwait based National Mobile Telecommunications Company KSC - (Wataniya) from Kuwait Projects Company for a total cash consideration of $3.8 billion. This deal is expected to increase Qtel's role in the MENA region.
- In January 2007 we extended our international presence after acquiring an approximate 25% equity stake in ST Telemedia's Asia Mobile Holdings Pte. Ltd. ("AMH") in four countries.
- As of September 2007 the Qtel Group achieved revenues of QR 6,903 bn (2006 - 3.083 bn), an increase of 123.9% over the corresponding period in 2006. The Group also grew its mobile subscriber base from 1.3 million in September 2006 to 14.2 million as of September 2007.
- In November 2006 we signed an agreement with AT&T Inc to acquire a strategic stake in NavLink - a leading provider of managed data services to businesses in the Middle East.
- In 2006 Qtel was the prestige partner of, and official telecommunications provider to, the 15th Asian Games Doha. It was here that we implemented the most advanced technology in the region, including a wide range of local and international telephone services, Internet and data services, and complete support for the television and radio broadcasting required to support the Games and transmit it to over 3 billion people around the world.
- Qtel is a winner of the 2005 Gulf Excellence Award and the 2006 GCC Economic Award. The company is listed on the Doha Securities Market, Abu Dhabi Securities Market, Bahrain Stock Exchange and has a GDR listing at the London Stock Exchange.
- In 2004, Qtel won the public tender for Oman's second mobile license and subsequently launched its Nawras subsidiary services in March 2005, capturing more than 897,000 new customers (over 40% of the Omani mobile market) in just over 20 months of operations.
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