14.12.2010 - Qtel mulls joint venture with sovereign wealth funds
From Cellular-news.com: Qatar's Qtel is reported to be in talks over a partnership with the country's sovereign wealth fund to jointly fund the company's expansion plans. Qtel Chairman Sheikh Abdullah Bin Mohammed Bin Saud Al Thani made the remarks in Qatari Arabic language daily El Raya. "We are about to sign a partnership agreement between Qtel and the Qatar Investment Authority so that we become an investment arm of the authority... there is agreement to establish a joint company to invest and seize appropriate opportunities in telecommunications and information technology (sectors) abroad," he said..............................................Full Article: Source
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