Wataniya Telecom123 was commercially launched in 1999 as the first privately owned operator in Kuwait. Qtel originally made the offer to all other shareholders of Wataniya Telecom Kuwait on 4 September 2012. As a result of the tender offer, Qtel will be increasing its shareholding in Wataniya Telecom Kuwait from 52.5% to 92.1%.
Wataniya is a customer driven company that aims to provide product and service excellence that is leading to a real customer value... The company has been a driving force in increasing the mobile market penetration in Kuwait (over 80%) Wataniya Telecom has grown rapidly through acquisitions and enjoys a remarkable expansion in MENA & ASIA. Driving operations in Kuwait, Maldives, Saudi Arabia, Tunisia, Algeria and in 2007 in Palestine.
ABOUT QATAR TELECOM
(Qtel) is the exclusive telecommunications provider in Qatar. Its principal activities include local and international fixed telephone, mobile, Internet, data and cable television services. Qtel is committed to growing its presence in the Middle East and internationally and with Wataniya Telecom and its operations in the MENA region, Qtel is now active in 16 countries, including Qatar, Oman, Iraq, Singapore and Indonesia. In November 2006, Qtel acquired a strategic 38% equity stake with AT&T in NavLink, a leading provider of Managed Data Services to businesses in the Middle East. Qtel is a winner of the 2006 GCC Economic Award, and is listed on the Doha Securities Market, in addition to the exchanges in Abu Dhabi, Bahrain and also has a listed GDR in London.