Qatar Telecom seeks North African growth
TUNISIA| March 4, 2012, 10:04 a.m.
Qatar Telecom aims to grow its North African operations through new acquisitions in the region.
The telco says it will focus on organic growth in Tunisia and Algeria, where it already has a presence. Its heads recently visited Tunisia, where Qtel owns a 75% stake in Tunisiana, Tunisia’s largest mobile network, through its subsidiary National Mobile Telecommunications Company (Wataniya).
QTel chief executive Nasser Marafih said Qtel had seen rapid growth over the past decade, when it had entered 16 countries, from Indonesia to Algeria. The pace of acquisitions had slowed, he said, but there was scope for strong growth it its existing markets. In Tunisia and Algeria, for example, QTel aims to seek 3G mobile licences to grow its business there.
QTel has also partnered with ZTE to deliver advanced technologies to the markets it serves.
Shi Lirong, CEO of the ZTE Corporation, said: “The Qtel Group is the fastest growing group in the telecommunications industry, constantly looking for ways to deliver more choice and value for its customers. We think ZTE, with its focus on innovative technology and competitive cost, is a strong partner for the Qtel Group’s plan for continued investment in new technologies and businesses, particularly in emerging markets.”
MORE TUNISIA NEWS
Developing businesses in emerging markets – Ampion Venture bus heads to TunisiaFrom December 14 to December 19 the final AMPION Venture Bus 2014 will embark on a unique journey to create innovative ICT startups when traveling Tunisia. Read More
AfDB strategy focuses on human capital development across AfricaThe Board of Executive Directors of the African Development Bank Group (AfDB) says its new Human Capital Strategy for Africa paves the way for Bank investments in areas such as education, skills development, health, science and technology. Read More
Tunisia's Zitouna Bank Chooses IBM CloudIBM has announced that Zitouna Bank has selected cloud capabilities consisting of IBM systems, software and services to transform its core banking platform and develop new services for customers. Read More
Agreement to extend ultra-broadband throughout TunisiaAlcatel-Lucent and Tunisie Telecom have signed a three-year agreement to extend ultra-broadband services throughout Tunisia. Read More
AfDB gathers partners in Tunis to advance sustainable energy for allThe African Development Bank is hosting a two-day workshop in Tunis as part of the Sustainable Energy for All (SE4ALL) Africa Hub activities. Read More
AfDB, AUC sign Pan African University grant agreementThe African Development Bank (AfDB) and the African Union Commission (AUC) have signed a grant agreement worth USD45 million to boost the Pan African University. Read More
New cable to connect TunisiaTunisiana and Orange Tunisie have signed a partnership agreement with Interoute for the commissioning of a submarine cable connecting the city of Kélibia, Tunisia to Interoute’s pan European fibre optic network. Read More
Major step toward super-fast broadband throughout TunisiaTunisie Telecom and Alcatel-Lucent have successfully completed the trial of superfast broadband services using advanced Alcatel-Lucent’s VDSL2 Vectoring technology. Read More
Spectrum Training opens in TunisiaIT training and certification provider Spectrum Training has expanded its operations in North Africa with a new base in Tunis. Read More
FEATURED STORYPWC: Optimism abounds but a bumpy journey ahead for some
PwC’s ‘Capital Projects & infrastructure in East Africa, Southern Africa and West Africa,’ report says infrastructure spend in the region is projected to reach $180bn per annum by 2025.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.