Qtel to acquire Burraq Telecom?

24 Apr 2007

Pakistani online news source The International News is reporting that Qatar Telecom (Qtel) is in talks to acquire a 70% stake in Burraq Telecom, one of the country’s long-distance and international (LDI) and wireless in the local loop (WiLL) licensees. According to an unnamed source the two firms have been in discussions for quite some time and are now ‘close to a deal’. An official announcement is expected to be made early next week.

Pakistan, Ooredoo Qatar