Qatar Telecommunications (QTel) and Saudi Arabia’s A.A. Turki Corporation for Trading and Contracting (Atco) have reportedly agreed to purchase 75 per cent stake in Pakistan-based Burraq Telecom for $12.3 million.

Qatar Telecommunications (QTel) and Saudi Arabia’s A.A. Turki Corporation for Trading and Contracting (Atco) have reportedly agreed to purchase 75 per cent stake in Pakistan-based Burraq Telecom for $12.3 million. Burraq Telecom provides mobile, international long distance and broadband internet services. However, the deal still requires regulatory approval.