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Qatar Telecom QSC Increases Stake In Wataniya Telecom-Reuters

Sunday, 7 Oct 2012 05:06am EDT 

Reuters reported that Qatar Telecom QSC has nearly doubled its stake in Wataniya Telecom (National Mobile Telecommunications Co KSC ) to 92.1%. Qtel will pay KWD519.1 million ($1.8 billion) at KWD2.6 per share to raise its stake in Wataniya from 52.5%. 

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