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20 February 2013
Omani telco Nawras has signed two additional bilateral revolving credit facility agreements totalling $51.8 million with a three-year tenure.
The investments will be used by the operator, which is majority owned by Qtel, for...
Middle Eastern operator Nawras plans to invest $350 million on its network infrastructure over the next three years.
Middle East operator Oman Telecommunications (Omantel) has posted a 2.5% drop in net profit for Q1 2013.
Qatar Telecom is set to raise its 53.9% stake in Iraqi firm Asiacell as part of the company’s $1.35 billion share sale.
Qatar Telecom is set to secure a $1 billion loan facility to aid funding for its general business operations.
Qatar Telecom (Qtel) has reached an agreement to acquire a further 15% stake in Tunisiana for $360 million.
Qatar Telecom (Qtel) will change its brand name to Ooeredo during the course of the next two years in order to bring its operations across the Middle East, Africa and Asia under one name.
Which major European operator is likely to lead investments for securing emerging market presence in 2013?