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Qtel Retires US$3.0 billion Facility

Doha, August 29 (QNA) РQatar Telecom (Qtel) on Wednesday  announced that it has retired its US$3.0 billion syndicated term loan facility. Existing funds were used to repay the facility, the company said  in a statement. The Qtel Group is a leading international communications company, with a significant presence in the MENA region and Southeast Asia, and having a consolidated customer base of 83.7 million as of 30 June 2012. Its businesses operate under various names, including Qtel, Indosat, Asiacell, Wataniya, Nawras, Nedjma and Tunisiana.(QNA)