In its annual EMEA Finance's Achievement Awards, the international financial magazine EMEA Finance has recognised Qtel as the “Best Corporate Borrower in the EMEA region (Europe, Middle East and Africa)”.
Qtel was one of the main winners at EMEA Finance’s Annual Achievement Awards Charity Dinner held in London on 16 June.
Dr. Nasser Marafih, CEO of the Qtel group, commented: “This award is an important recognition of the global banking community's belief in our long-term financial strategy, which provides the foundation for Qtel to achieve our 2020 vision. Our finance strategy and our Finance team have been selected as one of the best in its class in providing sustainable support for ambitious Qtel growth plans in the short, medium and long-term.”
Qtel group member Nawras (Omani Qatari Telecommunications Company SAOG) was presented with the award for “Best IPO (Initial Public Offering) in the Middle East”. Nawras was successfully listed on the Muscat Securities Market in Q4 2010.
EMEA Finance is an international financial magazine offering an insight into the economic processes of European, Middle Eastern and African countries. The periodical’s compiled information, conducted studies and experts’ reports is a significant source of information for professionals actively operating in these regions or wishing to start business activities there.
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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.
