World’s Telecommunications Industry Assembles in Qatar
Representatives of some of the World’s Most Significant Financial Groups and Operators Chart Future Plans for Global Development
Leading representatives from some of the world’s most significant telecommunications, investment and content development organizations will meet in Qatar on Wednesday, hoping to examine the opportunities for the industry presented by the current global economic turmoil.
Although the telecommunications sector has been impacted by the global downturn, it has remained relatively robust in the first months of 2009, with certain territories in particular – such as the Middle East, Central and Eastern Europe, Asia Pacific and Africa – continuing to register ongoing revenue and customer growth.
As Patron of the TMT Finance and Investment Middle East 2009, leading operator Qtel is looking to use the event to drive discussion about some of the technical and structural opportunities that could enable operators to ensure profitability in the short-term and deliver long-term growth opportunities in the long-term.
With operations in 17 countries and 57.5 million customers, the Qtel Group has a strong insight into the bright-spots in the international telecommunications market, particularly given its growing presence in the Asia Pacific region.
The choice of Qatar as the host nation for the event in particular reflects the nation’s growing stature within the industry, as the Qatari market enjoys greater liberalization and the national telecommunications provider, Qtel, moves towards its target of becoming one of the top 20 companies in the world by 2020.
Qatar’s ongoing economic dynamism – and the dynamism of the wider region – provides additional opportunities for investment companies. Qtel has been able to acquire new customers for mobile and entertainment services at the highest rate in its history in the first few months of 2009, reflecting Qatar’s success in remaining buoyant in difficult economic times.
The TMT Finance and Investment Middle East 2009 runs at the Sharq Village Hotel Doha, March 18-19, 2009 (www.tmtfinance.com).
