qatar tele (q-tell)qsc-gdr
(QTTZF:OTC US)
qatar tele (q-tell)qsc-gdr (QTTZF) Snapshot
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52 Week High
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Average Volume 10 Days
0.0
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EPS TTM
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Shares Outstanding
640.6M
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EX-Date
03/26/13
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Dividend
$0.69
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Dividend Yield
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Related News
qatar tele (q-tell)qsc-gdr (QTTZF) Related Businessweek News
qatar tele (q-tell)qsc-gdr (QTTZF) Details
Ooredoo Q.S.C. together with its subsidiaries, provides mobile, fixed, broadband Internet, and corporate managed services. The company operates in six segments: Qtel, Asiacell, Wataniya, Indosat, Nawras, and Others. It offers domestic and international telecommunication services in Qatar; mobile telecommunication services in Iraq; and mobile telephone and pager systems and services in Kuwait, and the other parts of the Middle East and North African region. The company also provides telecommunication services, such as cellular services, fixed telecommunications, multimedia, data communication, and Internet services in Indonesia; and mobile and fixed telecommunication services in Oman. In addition, it offers landlines, mobile, home entertainment TV, broadband Internet, and Wi-Fi services. As of December 31, 2012, it had a customer base of 92.9 million subscribers. The company was formerly known as Qatar Telecom (Qtel) Q.S.C. and changed its name to Ooredoo Q.S.C. in March 2013. Ooredoo Q.S.C. was founded in 1987 and is headquartered in Doha, Qatar.
qatar tele (q-tell)qsc-gdr (QTTZF) Key Developments
Ooredoo and Carnegie Mellon University in Qatar (CMUQ) have announced a new partnership to enhance the country's educational, scientific and community development. Ooredoo CEO Sheikh Saud bin Nasser al-Thani and CMUQ dean and CEO Ilker Baybars formally announced the partnership during a signing ceremony at Ooredoo Tower. Through this partnership, Ooredoo and CMUQ will collaborate on scientific research and offer workshops, seminars and conferences on topics of science and technology related to CMUQ's degrees in Biological Science, Business Administration, Computational Biology, Computer Science and Information Systems. Ooredoo will also provide training for CMUQ students and encourage them to volunteer for community service projects in the country, in line with Ooredoo's corporate social responsibility strategy. As a result, CMUQ students can discover a more enriching educational experience with real-world opportunities. In turn, Ooredoo will enhance its research capabilities in developing the next generation of technology and aid the company in recruiting potential employees. The public-private partnership model is becoming increasingly important for nations that are looking to develop their knowledge-based economy, with universities being able to support original and development research work and communication leaders like Ooredoo being able to apply real-world experience and cutting-edge technology. The partnership between Ooredoo and CMUQ also supports Qatar National Vision 2030's goals of establishing a modern, world-class educational system by providing students with training and opportunities to develop their potential in a complex world. In Education City, Ooredoo has also supported the development of the Qatar Mobility Innovations Centre (formerly Qatar University Wireless Innovations Centre), which fosters local innovation in the fields of mobility and wireless technologies.
Tata Communications announced that Ooredoo, Qatar, formerly known as Qtel, has launched the first IPX+ enabled network in the Middle East using Tata Communications' IPX+ platform. The implementation enables Ooredoo to capitalise on the latest technology innovations in mobile broadband service delivery and management. Ooredoo, Qatar has initially launched voice over IPX+ as the first application, gaining access to Tata Communications' broad community of IPX+ connected mobile destinations, and plans to consolidate its entire network to an IP-based backbone. Thanks to the scalability of Tata Communications' IPX+ platform, Ooredoo is able to rapidly support a full suite of services such as signalling, data roaming (GRX and IPX) and LTE Roaming. Global mobile data traffic is set to increase 13-fold between 2012 and 2017, reaching 11.2 exabytes per month by 2017. In line with this, mobile network operators are under pressure to address the delivery of data services beyond their networks. Tata Communications' IPX+ connectivity platform offers Ooredoo global reach, improved quality of service (QoS) and enables transition to all IP-based services, including 4G, more cost-effectively. Ooredoo's on-going collaboration with Tata Communications is delivering significant benefits for the people of Qatar. The IP+ platform ensures that Ooredoo can manage the ever-growing demand for wholesale voice, roaming and data services in Qatar, by introducing a cost-effective platform that adds greater capability and resilience to network infrastructure. Tata Communications' IPX+ connectivity platform offers integrated access to multiple data transport options over a converged IP network, supporting multiple services across networks. It brings scalability, flexibility, QoS, and security as required by services or applications. It supports a combination of services, including VoIPX, LTE roaming over IPX, messaging, and more. Its benefits include driving network efficiency, reducing costs for managing specialised, bilateral, isolated interconnects, enhancing customer experience and enabling a faster time to market for new services. IPX Connect is a key component of the LTE Roaming service, and supports data roaming from GRX to IPX.
Ooredoo Q.S.C. announced consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported consolidated revenue of QAR 8,442 million compared to QAR 8,026 million for the same period a year ago. EBITDA was QAR 3,716 million compared to QAR 3,833 million for the same period a year ago. Net profit attributable to company shareholders was QAR 808 million compared to QAR 711 million for the same period a year ago. Earnings per share stood at QAR 2.52 compared to QAR 2.70 a year ago. Revenue growth of 5.2% driven by strong performance in the Group's home market of Qatar, in addition to further strong momentum from international Group operations in Algeria, Indonesia and Iraq. Profit before income taxes was QAR 1,249,150,000 against QAR 1,499,868,000 a year ago. Profit from continuing operations was QAR 1,071,435,000 against QAR 1267,768,000 a year ago. Net cash from operating activities was QAR 2,620,020,000 against QAR 2,595,333,000 a year ago. Acquisition of property, plant and equipment was QAR 1,341,604,000 against QAR 1,307,285,000 a year ago.
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| QTTZF:US | $0.00 USD | 0.00 | |
| Company | Last | Change | |
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Industry Analysis
QTTZF
Industry Average
| Valuation | QTTZF | Industry Range |
| Price/Earnings | 11.9x |
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| Price/Sales | 1.1x |
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| Price/Book | 1.5x |
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| Price/Cash Flow | 3.5x |
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| TEV/Sales | NM | Not Meaningful |
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