Qtel

Qtel (short for Qatar Telecom) used to be the exclusive telecommunications provider in Qatar and is one of the largest public companies in Qatar with about 2000 employees. It was successfully launched on the Doha Securities Market in 1998 and listed on the London Stock Exchange in 1999, the Bahrain Stock Exchange in 2001 and the Abu Dhabi Securities Market in 2002. Qtel is a winner of the 2005 Gulf Excellence Award and the 2006 Economic Award.

Qtel also provides mobile telephone services in Oman via Nawras, a joint venture with TDC and Omani partners. Qtel is the prestige partner of, and official telecommunications provider to, the 15th Asian Games Doha 2006.

In October 2006 Qtel and Korea Telecom signed a memorandum of understanding toward the two telecommunications providers working together in Qatar on infrastructure construction and IT solution delivery for what has been coined 'Ubiquitous Cities' (U-City).

In November 2006 Qtel announced an agreement to acquire a strategic stake in NavLink, a leading provider of managed data services to businesses in the Middle East. Qtel will hold an equity stake (38.2%) in the business, joining AT&T Inc.

In November 2006, The Emir issued Law No 34 of 2006 restructuring the administration of information and communication systems in Qatar and lifting Qtel's monopoly; ictQATAR was announced as the new telecoms regulator.

Towards the end of 2007, Qtel announced the launching of a new company named wi-Tribe. wi-tribe is a joint venture...
Read More