Q-Tel is the exclusive telecommunications provider in Qatar. It offers national and international, fixed and mobile telephony but also Internet and cable television services.
The company was introduced on the Doha Securities Market (DSM) in 1998.

Subsequently, it was listed on the London Stock Exchange in 1999 and on the Bahrain and Abu Dhabi Stock markets in 2001 and 2002 respectively.

In March 2005, a consortium led by Q-Tel (Q-Tel: 55%, TDC of Denmark: 7%, Omani investors: 38%) has launched a subsidiary in Oman which operates under Nawras Telecom brand name.

Nawras offers mobile services and had a customer base of 174,000 as of September 2005 (15% market share). Nawras paid USD 104 mn as license fees for a period of 15 years and plans to invest USD 195 mn during the first two years of operations.



The group has grown its mobile customer base to 849,400 as of Q3 2005 (Qatar + Oman), an increase of 78.5% over the corresponding period the previous year.

Q-tel had 2,144 employees (including 284 employees working with Nawras) as of Q3 2005 (vs.

1,791 one year earlier).

Individuals	N/A
Institutions	N/A
Floating	N/A
Government	55%

Director	Ali Bin Abdullah Al Emadi
Director	Ali Bin Futais Al Merri
Director	Ali Bin Saad Al Kawari
Director	Hamad Bin Abdullah Al Shamsi
Director	Hamad Bin Thamer Al Thani
Director	Harab Bin Masoud Al Darmaki
Director	Mohamed Bin Juma al Qubaisi
Vice Chairman	Mohamed Bin Suhaim Al Thani
Director	Mohammad Bin Issa Al Mohanadi
Chairman	Sheikh Abdullah Bin Mohammad Bin Saud Al Thani

	2005	2004	2003
Total Assets	6,376,306	5,053,052	3,492,175
Shareholder's Equity	4,261,592	3,217,581	2,453,542
NIAT	1,093,472	1,457,159	1,148,822
Dividends	N/A	365,000	1,095,000

	2005	2004	2003
Assets Growth	26.19%	44.70%	3.86%
Earning Growth	-24.96%	26.84%	20.14%
ROaA	19.13%	34.11%	33.52%
ROaE	29.24%	51.39%	52.08%
No. Of Shares	100,000,000	100,000,000	100,000,000
EPS	10.93	14.57	11.49
EPS Growth	-24.96%	26.84%	20.14%
Payout Ratio	N/A	25.049	95.315

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

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