| 03 Mar 2010 |
|
The Qtel Group to Host Debate on Future Investment and Innovation in the Telecom Industry at TMT Finance 2010
- Text size
Doha, Qatar, March 3 2010: For the second consecutive year, The Qtel GroupQtel Group
, will be a patron sponsor of the forthcoming TMT Finance and Investment Middle East 2010 ( www.tmtfinance.com/me ), one of the region's most significant forums for the telecommunications industry.The annual event, which is designed to bring together leading representatives from international telecommunications, investment and content provision organizations, takes place at a vital time for the industry, as the global economic climate is driving more companies to seek strategic alliances and new partnerships.
Globally, the Middle East remains one of the most dynamic regions for telecommunications investment, with mobile phone market penetration surpassing 100% in countries like the UAE, Qatar and Bahrain, supported by highly-developed network infrastructure.
Industry observers suggest that the TMT event could be one of the most significant so far, as companies look to better understand how to balance risk and capture opportunities.
The choice of Qatar as the host nation for the event again in 2010 is built on the success of the previous year. In particular it also reflects the nation's growing stature within the industry, as the Qatari market enjoys greater liberalization and the national telecommunications provider, QtelQtel, moves towards its target of becoming one of the top 20 companies in the world by 2020.
Dr. Nasser Marafih, CEO of The Qtel GroupQtel Group, said: "The Qtel GroupQtel Group has quickly grown into a regional and global player, which is why it is fundamental to our business strategy that we understand the challenges and opportunities that lie ahead. We are happy to support this event to address some of these challenges and opportunities. The Middle East telecommunications industry is in a period of rapid transition and this forum also provides an ideal platform for business leaders to share best practices, as well as drive innovation and expand investment opportunities."
Future investment strategies for the sector will feature prominently at the event, as the majority of markets in the region continue to open to competition and increasing levels of convergence is sustained between telecommunication services.
Companies in developing markets may also be able to exploit their strong cash flows and relatively low debt levels to increase merger and acquisition activity, according to Booz & Co., conference partner for the event.
"With the background of a more challenging yet opportunistic environment, this year's TMT Finance and Investment Middle East event represents a tremendous networking platform for senior executives and professional intermediaries, and we anticipate a very high standard of debate," said Dominic Lowndes, managing director of BroadGroup TMT Ventures.
The TMT Finance and Investment Middle East 2010 event takes place at the Sharq Village Hotel Doha, April 26-27, 2010 (www.tmtfinance.com/me).
- Ends -
About The QtelQtel Group
With firm roots as the leading communications provider in Qatar, The Qtel GroupQtel Group is a fast growing, international, integrated communications group with three business lines - consumer wireless, consumer broadband and corporate managed services. The Group is committed to expansion in line with its strategic vision to be among the world's top 20 telecommunications companies by 2020. Over the past four years, The Qtel GroupQtel Group has built a successful track record of acquisitions hence expanding its geographic footprint from 1 to 17 countries within the Middle East, North Africa, Asian Subcontinent and Southeast Asia, connecting more than 53 million customers.
© Press Release 2010
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Post a Comment
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.