
Qatar Telecom (Qtel) has announced a joint venture partnership with Singapore Technologies Telemedia (STT), a leading information communications company, to bid as a consortium for the third mobile licence in Egypt. Under the terms of the memorandum of understanding between the two companies, a joint venture company will be established with the majority owned by Qtel. Qtel and STT will provide the required resources and expertise to the joint venture to build, manage and operate the mobile network in Egypt.