Qatar Telecom (Qtel) QSC clarified that its acquisition of shares in Liberty Telecoms Holdings Inc. was part of its previously reported investment in its financial statements of 2008. The recent share transfers consolidate previous share holdings under a subsidiary of Qtel and do not result in any increased ownership stake for Qtel in Liberty.
This statement has been issued by Qtel GROUP COMMUNICATIONS-Department. For further information please contact: Tel: +974 440 0838 / +974 440 0201 – Fax: +974 411 3606 – Email: Amutawa@qtel.com.qa 
About QtelQatar Telecom (Qtel) is the telecommunications service provider licensed by the Supreme Council of Information and Communication Technology (ictQATAR) to provide both fixed and mobile telecommunications services in the state of Qatar. We have a presence in 16 countries and we are committed to expansion both in the MENA region and South East Asia. Our vision is to be among the top 20 telecommunications companies in the world by 2020.