Qtel meets with Tunisian PM to discuss investment

11 Jan 2012

Tunisian Prime Minister Hamadi Jebali has met with Qtel’s chairman Sheikh Abdullah Bin Mohammad Bin Saud al-Thani to discuss further investment from the Qatar based company in its Tunisian holdings, reports Tunisia Live. Qtel currently owns a 75% stake in wireless operator Tunisiana, whilst the remaining 25% is held by the state, having reclaimed the asset from Sakhr el-Matri, the son-in-law of ousted President Zine al-Abidine Ben Ali. Tunisiana, which competes in the mobile sector with French-backed Orange Tunisia and state-owned Tunicell, is expected to receive a 3G licence soon, nearly a year after the end of Orange’s exclusivity period. It is believed that Qtel’s investment plans include increasing its stake in Tunisiana, and the future development of 3G and 4G platforms.