Net profit at Qatari telecoms company Ooredoo plunged in the third quarter mainly because of foreign exchange losses from its Indonesian affiliate Indosat, the company said yesterday.
Profit fell 58 per cent to QR337 million ($92.
Qatar-based Ooredoo Group's unit Indosat has launched a new network, to provide faster and modernised internet experience for Indonesians.
The UMTS 900MHz network, named the ‘IM3 Super Internet Service,’ will offer
Ooredoo, the leading telecom operator in Qatar, and its partners won four major accolades at the Global Telecoms Business Innovation Awards held recently in London.
Indosat won the “Wireless Network Infrastructure Innovation
Indosat, part of the Qtel Group, recently held a special exhibition of new mobile innovations in Jakarta, showcasing a range of applications and new devices designed to enrich the lives of customers.
The event was attended by a de
Qtel (Qatar Telecom) Group has announced a donation of $200,000 to help flood victims in Indonesia, as part of the relief efforts by Qtel Group and its Indonesian operator Indosat.
After several days of heavy flooding in Indonesia
A major company of the Qtel Group, the telecom leader in Qatar, was honoured for its pioneering services for women in Indonesia at the recent Global Telecoms Business Innovation Awards 2012 in London.
All the awards were for projects that
Moody's Investors Service has placed the A1 long term ratings for Qatar Telecom (Qtel), the A1 rating for Qtel International Finance and A1-rated bonds issued under Qtel's GMTN programme under review for possible downgrade.
Qatar Telecom (Qtel) said it has purchased an additional 1.314 billion shares of PT Indosat (Indosat), raising its shareholding in Indonesian company from 40.81 per cent to about 65 per cent.
The purchase was completed through du
Qatar Telecom (Qtel) has successfully concluded the acquisition of a majority stake in PT Indosat, the second largest mobile operator in Indonesia.
Uppon settlement Qtel will hold a 65 per cent effective stake in Indosat, a statemen
Qatar Telecommunications Co (Qtel) said it would own 65 percent of Indonesia's PT Indosat after completing a tender offer on February 18 to buy additional shares in the company from the public.
Qtel offered to purchase up to 1.31 billion S