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Qatar Telecom, Qtel short, is the only telecommunications company in Qatar. The company is in the area of ​​mobile telephony is now more than two million customers in Qatar. Currently, about 1,900 people are employed by the company. The company is present in 17 countries and now has 57.5 million subscribers.

Business

The company, headquartered in Doha Qtel was created in 1987 by Act No. 13 Four years later, the first public telephone booth was commissioned. Since 1996, the company also offers on Internet services. Three years later, Qtel was listed on the London Stock Exchange, from 2002 on the Bahrain Stock Exchange.

In recent years, the company expanded abroad and received in 2004 a further mobile license for Oman and won nearly 900,000 new customers there. Qtel was the provider and partner in the Asian Games 2006. During 2007, the Company acquired a majority stake in Kuwaiti telecom operators Wataniya Telecom for a total of 3.8 billion U.S. dollars. This also meant the most expensive acquisition of a telecommunications provider in the Arab world. In June 2008, Qtel bought a stake of 40.8 percent to the Indonesian company Indonesia Communications Limited ( ICLM ), Indonesia Communications Pte. Ltd.. ( ICLS ) and PT Indosat Tbk over Qtel had aggregate a sum of 1.8 billion U.S. dollars.

In 2009, sales increased year on year by 18.2 percent and total revenues amounted to 24 billion QAR.