Qtel eyes opportunities in the Philippines
Qatar's mobile phone giant holds talks with president to discuss broadband deals.
Qatar mobile phone giant Qtel met with the president of the Philippines on Sunday as the company eyes broadband expansion plans in the country.
Senior executives from Qatar Telecom met with Gloria Macapagal-Arroyo to review potential areas of cooperation for the extension of access to broadband internet technology in the Philippines.
The meeting was organised as part of the president’s working visit to Qatar to strengthen economic ties between the two countries.
Sheikh Abdullah Bin Mohammed Bin Saud al-Thani, chairman of Qtel, who led the Qtel delegation, said: “Qtel has looked to increase its profile within the Republic of the Philippines and the environment appears increasingly open to external investment and the provision of communication services.
“We see huge opportunities for growth and partnership within the Philippines and this meeting provided an important opportunity for Qtel to communicate its ambitions and its obligations to the people of the Republic.”
Following the meeting, Qtel also signed a telecommunications memorandum of understanding with the San Miguel Corporation (SMC), one of the Philippines' leading business conglomerates, as part of the group’s ongoing plans for expansion and consolidation within Southeast Asia.
The strategic agreement will see the two companies begin exploration of joint opportunities in the wireless broadband, mobile and mobile broadband sectors in the Philippines.