Wataniya
After what considered to be the largest telecom deal to date in the Arab world, starting from March 2007 Qtel became the owner of a controlling 51% stake of the share capital of Wataniya, one of the leading MENA telecom operators with businesses in seven countries in the region.
This was after a deal that Qtel has signed with Kuwait Projects Company Holding KSC (KIPCO) for a total cash consideration of $3.8 billion.
From their initial operation in Kuwait, Wataniya has extended its footprint into Tunisia, Algeria, Iraq, Saudi Arabia, and the Maldives. Wataniya have also won a license to operate in Palestine.
For more information about Wataniya you can visit: www.wataniya.com.
You can also get more details by clicking here
Nawras
Qtel led In 2004 a consortium and won the public tender for the second mobile licence in Oman, and launched its Nawras subsidiary services in March 2005, capturing more than 500,000 new customers (over 31% of the Omani mobile market) in just over 20 months of operations.
For more information about Nawras you can visit: www.nawras.om.
NavLink
In November 2006 Qtel signed an agreement to acquire a strategic stake in NavLink, a leading provider of managed data services to businesses in the Middle East, with AT&T Inc. Qtel holds an equity stake of 38.2% in the business the same as AT&T Inc. has.
For more information about NavLink clickhere
You can also get more details by clicking here.
Asia Mobile Holding
In February 2007, Qtel invested 635 million American dollars to acquire 25% of Asia Mobile Holding Pte Ltd (AMH), in partnership with Singapore-based ST Telemedia. AMH holds controlling stakes in two multi-service operators; StarHub in Singapore which has 2 million customers and PT Indosat in Indonesia with 14 million customers.
For more information about Asia Mobile Holding please click here.
wi-tribe
In March 2007, Qtel entered into a regional broadband wireless joint venture with ATCO, a leading Middle Eastern conglomerate, and Clearwire International,
one of the world's leading wireless broadband services providers. The joint venture, branded wi-tribe in the beginning of 2008, was formed to create demand and establish WiMAX networks in the Middle East, Asia and Africa. Qtel has a 78% stake in this overall venture.
wi-tribe intends to leverage Qtel's regional operating experience and multinational footprint, ATCO 's network of investors, and Clearwire's broadband wireless experience to rapidly capture WiMAX spectrum, establish a solid brand, roll out excellent quality networks and services in targeted areas, and develop a strong platform for distribution of broadband content.
In Jordan, wi-tribe has acquired a license in an auction and is getting ready to launch in 2008.
The Jordan market has a high potential for the wireless broadband service and wi-tribe is well positioned to capture the growth in this market. In Pakistan, wi-tribe acquired a 75% stake in Burraq Telecom which has licenses for WiMAX as well as international long distance. Pakistan is an exciting
market for broadband with very low penetration rates and huge potential for growth.
You can also get more details by clicking here.
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