Burraq Telecom Limited, founded in 2004 is an established operator licensed to offer a full range of telecommunications services across Pakistan, including long distance international and wireless local loop. The company also has associated spectrum at different frequencies. Burraq has recently completed a limited rollout of its Broadband Wireless Access (BWA) network in all of Pakistan’s 14 regions.
The Qtel/ATCO investment in Burraq is a part of the joint venture’s strategy to jointly develop and operate BWA services, including WiMAX and other complementary services, in markets in the Middle East, Asia, and North Africa. Qtel owns a 51% stake in the joint venture. In May 2007, Qatar Telecom (Qtel) acquired Burraq Telecom as its strategic business unit. Qatar Telecom is the exclusive telecommunications provider in the Middle East. Its principal activities include local and international fixed telephone, mobile, Internet, data and cable television services.