Sunday 13 July 2014
Qatar Qtel

Qtel gains control of Asiacell for $1.5bn

Qatar Telecom (Qtel) has reached agreements to double its stake in Iraq's No 2 operator Asiacell to 60 percent for $1.47 billion as it seeks to exploit rising demand for broadband. Qtel will initially raise its stake to 53.9 percent f

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