QtelRSS

Qatar to end mobile monopoly after 20 years

October could be the end of Qtel’s 20 year monopoly on the Qatari telecoms sector, as the country’s regulator prepares to auction off the country’s second mobile licence. Final bids for the country’s second mobile license are due in September, with the winner of the second licence to be announced in October. Qatar is the [...]

Qtel buys into NMT

Qatar Telecom on Friday agreed to buy a controlling stake in Kuwait’s National Mobile Telecommunications (NMT) in one of the biggest telecoms deals from the region. Quatar Telecom (Qtel) took a 51 per cent stake in NMT, costing $3.7bn – viewed by many as high – to strengthen its position across the Middle East and [...]