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Report: Qtel may pay US2B for remaining 44.9% of Indosat

Qatar Telecom is willing to pay as much as US$2 billion for the remaining 44.9 percent of PT Indosat shares but is still waiting for the approval of its bid from Indonesia’s market regulator, notes Cellular News.

Qatar Telecom preps expansion

Qatar Telecom intends to pursue its rapid expansion policy to achieve its goal of becoming one of the world’s top 20 telecoms companies (by market capitalisation) by 2020, its chairman told the FT yesterday.