Doha, Qatar
H.E. Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, Chairman of the Qtel Group, today met with the Tunisian Interim Prime Minister Béji Caïd Essebsi as part of his visit to Tunisia.
Commenting on his visit, H.E. Sheikh Abdullah said that he has agreed with the Tunisian Interim prime minister to reinforce Qatari investments in Tunisia in the fields of telecoms, with a particular focus on developing the 3G and 4G networks within the country.
Qtel, via NMTC, holds an existing 75% of Tunisiana, the leading Tunisian operator.
“Further to our productive discussions with the Tunisian government, we have signalled our willingness to increase our stake in Tunisiana,” said H.E. Sheikh Abdullah.
Qtel has agreed to increase its stake, pending further dialogue and final agreement with the Tunisian government.
During his visit, which started two days ago, H.E. Sheikh Abdullah met with H.E. Mr. Jalool Ayad, Minister of Finance and H.E. Mr. Abdel Aziz Al Rassaa, Minister of Industry and Technology, and the Head of Tunisian Telecommunications Regulatory Authority.
The meetings, which were attended by H.E. Saad Bin Nasser Al Humaidi, Qatari Ambassador, to Tunisia, reviewed the issues related to Qtel’s investments in Tunisia and related licensing issues.
Further detail will be provided as it becomes available.
Photo caption: H.E. Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, Chairman of the Qtel Group, today met with the Tunisian Interim Prime Minister Béji Caïd Essebsi.
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About Qtel
Qatar Telecom (Qtel) provides a full range of telecommunications services in Qatar and across its presence in 17 countries. Our vision is to be among the top 20 telecommunications companies in the world by 2020 through expansion in both the MENA region and South East Asia.
Qatar Telecom (Qtel) Q.S.C. cautions investors that certain statements contained in this document state management's intentions, hopes, beliefs, expectations, or predictions of the future and are thus forward-looking statements. Management wishes to caution the reader that forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties including, but not limited to: Qtel’s ability to manage domestic and international growth and maintain a high level of customer service; future sales growth; market acceptance of its product and service offerings; its ability to secure adequate financing or equity capital to fund its operations; network expansion; performance of its network and equipment; its ability to enter into strategic alliances or transactions; cooperation of incumbent local exchange carriers in provisioning lines and interconnecting our equipment; regulatory approval processes; changes in technology; price competition; other market conditions and associated risks.
Qtel undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise.
