DUBAI – Qatar Telecom (Qtel) has nearly doubled its stake in Kuwait's No.2 operator Wataniya to 92.1 percent, giving an instant boost to its bottom line and more control of subsidiaries in the high ...
* Q1 profit 19.8 mln dinars vs 19.5 mln dinars a yr ago * Q1 revenue 182.7 mln dinars vs 181.3 mln dinars a yr ago * Overseas operations outperform domestic business * Net income from Kuwait ...
KUWAIT: Qatar Telecommunications (Qtel) has agreed to buy 51 percent of Kuwait's National Mobile Telecommunications (Wataniya) for 1.075 billion dinars ($3.72 billion), the largest telecom acquisition ...
* Qtel raises stake to 92.1 pct from 52.5 pct * Deal gives Qtel more control over Algeria, Tunisiasubsidiaries * Wataniya unlikely to delist from Kuwait bourse * Qtel cannot force remaining ...
DUBAI, Oct 7 (Reuters) - Qatar Telecom (Qtel) has nearly doubled its stake in Kuwait's No.2 operator Wataniya to 92.1 percent, giving an instant boost to its bottom line and more control of ...
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