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Ooredoo signs $1bn 4-year credit facilityOoredoo, Qatar’s largest telecoms firm formerly known as Qatar Telecom, has signed a $1 billion four-year revolving credit facility, the company said in a statement on Wednesday. The loan was provided by 14 banks and will be More… |
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Wataniya appoints new CEOKuwait telecom operator Wataniya has appointed Abdulaziz Fakhroo as chief executive, parent company Ooredoo (Qatar Telecom) said in a statement on Thursday. Fakhroo, who had been deputy CEO prior to his promotion, replaces Bassam Hannou More… |
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Qatar Telecom Q4 profit rises 14.6pcQatar Telecom, now known as ooredoo, reported a 14.6 percent rise in fourth-quarter profit on Sunday as higher revenue in its home market, Indonesia and Iraq offset declining earnings from Kuwaiti unit Wataniya and Oman's N More… |
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Qtel rebrands as regional expansion gathers paceQatar Telecom (Qtel) will change its brand name to Ooredoo, the company said in a statement, bringing in the change across it operations in the Middle East, Africa and Asia over the next two years. It said all operations in which More… |
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Wataniya net profit plunges 79pc, revenue upWataniya, Kuwait's No 2 telecom operator and majority-owned by Qatar Telecom (Qtel), has registered a 79.1 per cent drop in its net profit for 2012 which fell to KD75.5 million ($267 million) from KD362.1 million a year ago. A More… |
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Qtel tightens Asiacell grip after IPOQatar Telecom used Iraqi unit Asiacell's $1.27 billion share sale, Iraq's largest ever flotation, to raise its stake to 64 percent in a vote of confidence in a country recovering from year More… |
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Qtel to raise stake in Asiacell's Iraq share offerQatar Telecom (Qtel) will raise its 53.9 percent stake in subsidiary Asiacell as part of the Iraqi firm's $1.35 billion share sale, the largest ever stock listing on the Baghdad bourse, an exchange official said on Thursday. Q More… |
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Qtel to issue benchmark bondQatar Telecom (Qtel) plans to issue a 15-year bond of at least $500 million on Wednesday, arranging banks said. Early price guidance for the bond maturing 2028 was released at 250 basis points o More… |
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Qtel unveils 2013 growth strategyQatar Telecom (Qtel) will be boosting its mobile network coverage and performance in the country throughout 2013 starting with the commercial launch of 4G network as part of its long-term growth strategy. Qtel, which provides a fu More… |
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Qtel buys further $360m stake in Tunisian telcoQatar Telecom (Qtel), the majority state-owned telecom operator, has agreed with the Tunisian government to buy a further 15 per cent stake in that country's operator Tunisiana for $360 million. The purchase raises the Qatari More… |
