qatar telecom qtel qa current price qar 207 2 country fair value target 269 sector services recommendation buy exchange doha securities market may 21st 2006 is the sole provider in state of and one two mobile operators oman after it won june 2004 second gsm license through its 55 owned subsidiary nawras started commercial operations march 2005 has now 22 omani which shared with 100 omantel though there are no offi cial plans to open telecoms competition before 2013 liberalisation wave that spread throughout region put pressure on qatari government end s domestic monopoly however we remain cautiously optimistic about future as believe company will continue enjoy a strong position aggressively expand success also clearly stated intention seek new opportunities green fi eld licenses or existing xed data segments middle east