Sunday 28 December 2014
 
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Qatar Telecom

Ooredoo to enter wearable tech device market

Qatar's leading telecom company Ooredoo has entered into a strategic relationship with US-based Kopin Corporation in bid to make Qatar one of the leading countries in the world for next generation wearable computing technology.

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Ooredoo rolls out 3G network in Algeria

Ooredoo, Qatar’s leading telecom company, has announced the launch of the first commercial 3G network in Algeria. Within hours of receiving final regulatory approval, Ooredoo Algeria (formerly known as Nedjma) launched comme

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Ooredoo signs $1bn 4-year credit facility

Ooredoo, 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

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Wataniya appoints new CEO

Kuwait 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

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Qatar Telecom Q4 profit rises 14.6pc

  Qatar 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

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Qtel rebrands as regional expansion gathers pace

Qatar 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

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Wataniya net profit plunges 79pc, revenue up

Wataniya, 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

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Qtel tightens Asiacell grip after IPO

  Qatar 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

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Qtel to raise stake in Asiacell's Iraq share offer

Qatar 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

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Qtel to issue benchmark bond

  Qatar 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

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