Tunisiana which is 75 percent owned by Wataniya, with a 92.1% Qtel ownership will now give Qtel and its’ subsidiaries a 90 percent shareholding on Tunisiana.
Pleased by the deal, the Chairman of Qtel Group H.E. Sheikh Abdullah bin Mohamed bin Saud al-Thani said: “We are pleased to have been offered the opportunity to further increase our shareholding in Tunisiana, an outstanding company which we believe will continue to deliver long-term value for our shareholders. We also look forward to continuing our partnership with the Tunisian authorities as Tunisiana enters into a new phase of its development with the continuing expansion of 3G services and the launch of fixed line services in 2013.”
Established in 1987, Qatar Telecom (Qtel) is one of the most diverse integrated operators in the Middle East region with mobile phone, fixed line phone, cable TV, entertainment and technology services to both domestic customers and businesses.
The Qtel Group has operations in 17 markets serving over 74 million customers across the Middle East, North Africa, the Asian subcontinent and South East Asia.