A logo sits at the entrance to the Qatar Telecom (Qtel) headquarters in Doha. Qtel announced yesterday that Qtel International Finance Limited (QIFL), its wholly owned subsidiary will pay its Global Medium Term Note (GMTN) holders interest payments on the August 16. In 2009, Qtel announced the adoption of $5bn GMTN programme on the London Stock Exchange. Qtel, a Qatari public shareholding company, is a leading international communications firm, with a significant presence in the Mena region and Southeast Asia, and having a consolidated customer base of 83mn as of December 2011. Its portfolio of brands includes Qtel, Indosat, Asiacell, Wataniya, Nawras, Nedjma and Tunisiana. Qtel’s principal activities are mobile telephone services, broadband solutions, digital futures and fibre technologies, serving both consumer and business markets.