Qtel not looking for foreign acquisitions in short term - Mobile World Live

Qtel not looking for foreign acquisitions in short term

17 OCT 2011

Qatar number one operator Qatar Telecom (Qtel) has no plans to make further overseas acquisitions in the short term, reports Arabian Business. Qtel CEO Nasser Marafih told the Middle-East news publication that overpriced assets are the main limiting factor but that there will be opportunities in the future as the industry consolidates in two or three years’ time. The company will for now focus on plans to invest in 3G licences in markets where it already operates 2G services, although Marafih added that Qtel remains interested in mobile licences in Syria and Libya, subject to the political situation in those countries.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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