Thursday, June 13, 2013

Kuwait's QualityNet being courted for acquisition

Kuwait’s QualityNet, the Gulf state’s largest internet provider, is currently in talks with a major global telecoms operator for possible acquisition, CEO Waleed Saleh Al Qallaf has told Arabian Business.
“Yes, one major [deal] is going on now... talking with the owners of QualityNet and the owners of that entity. They have an interest to acquire us,” Al Qallaf said when asked if the company had been approached by any international telecoms firms.

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