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Qatar Telecom (ORDS)

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Monday 07 June, 2010

Qatar Telecom

Qtel Announces New witribe Gr

RNS Number : 1708N
Qatar Telecom (Q-Tel) Q.S.C.
07 June 2010

Qatar Telecom (Qtel) Q.S.C.


Doha, Qatar - 7 June, 2010




wi-tribe today announced that its board of directors has appointed Sohail Qadri as its Group Chief Executive Officer.


Prior to this appointment, Qadri advised the boards of a number of technology, communications and venture capital and private equity firms on value creation, corporate structuring, market, product and corporate development. In his most recent corporate role, he served as the Group Strategy Director at Telefonica S.A. with responsibility for corporate strategy, business development and innovation. Qadri also sat on Telefonica's boards in the Czech Republic and the shareholder Telco Board in Italy.

Dr. Nasser Marafih, CEO of the Qtel Group, the majority shareholder in wi-tribe said: "We are very thankful for the leadership of Sami Hinedi, who led the successful set up of wi-tribe in Bahrain, Jordan and Pakistan.  Based on Sohail's track record in leading telecom companies - in both advanced and emerging markets - and his strategic vision, his appointment was a unanimous decision among the board of the Qtel Group. We are pleased with Sohail's appointment as he has the talent and experience to lead wi-tribe as it is focuses on delivering next-generation services to our customers in Pakistan, the Middle East, Far East and beyond."

The Qtel Group has made major investments in three greenfield mobile broadband companies putting wi-tribe at the forefront of the telecommunications industry's move to 4G.  Today with a presence in Bahrain, Jordan, Pakistan and Philippines wi-tribe is building its global high-performance networks.


Prior to joining Telefonica S.A. Qadri was one of the founding members of O2 plc and on the company's Executive Committee and Board. He played a key role in the transformation of O2, the development of the O2 brand, the review of its M&A options and managed the alignment programme with Telefonica.  In addition, during his tenure as Group Mobility Director at BT plc, he sat on the boards of various mobile companies and led the acquisition of equity stakes and telecom licenses in Europe, the Americas, and Asia.


Commenting on his new role and appointment Qadri said, "wi-tribe has already built a reputation for innovation and an enviable position within the broadband industry.  It's a great honour to join its leadership team and have the opportunity to build on the company's success.  My focus will be listening to customers, delivering outstanding experience and fresh services, serving the communities where we operate and building a leadership brand."


Sohail assumed his new duties June 1. He succeeds Sami Hinedi, a 3-year company veteran.



About the Qtel Group

The Qtel Group is a diversified telecommunications company with a presence in 17 countries, providing voice and data services to people and businesses, and bringing advanced technology to more than 60 million customers. We are committed to expansion in the MENA region, where we are the largest telecommunications company by number of operations, and South East Asia. Our vision is to be among the top 20 telecommunications companies in the world by 2020. 



About The wi-tribe Group

wi-tribe, a Qtel Group Company, was established in 2007 by two shareholders, Qtel (Q.S.C.), and A.A. Turki Corporate Trading and Construction (ATCO), with strong partnership with Clearwire, one of the world's leading wireless broadband service providers. wi-tribe is a focused, reliable and ethical consumer wireless broadband provider which aims to create value for broadband in emerging markets by simplifying technology and offering services that will enrich the lives of its customers. In 2008, operations were launched in the Hashemite Kingdom of Jordan, and in 2009 the Islamic Republic of Pakistan joined the tribe.


This information is provided by RNS
The company news service from the London Stock Exchange