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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, August 17, 2009

Indosat Lifts Qtel

Qatar Telecom (Qtel) said that its revenues in the second quarter of 2009 rose 30% year-on-year to 5.93 billion Qatari rials (1.63 billion US dollars) thanks to customer growth in its home market and the acquisition of Indosat. However, Wataniya Telecom, which encompasses the Qtel Group’s presence in Kuwait, Tunisia, Algeria, the Kingdom of Saudi Arabia, the Maldives and Palestine, reported a revenue decline of 6% to 2.9 billion rials for the first half of 2009 as a result of increasing competition. source: Qatar Telecom statement
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