VTEL Holdings

VTEL Holdings is a consortium of companies generally based in the Middle East or who have a vested investment interest in it.

VTEL Holdings has been established in the prestigious Dubai International Financial Center (DIFC) in Dubai, UAE to help focus its interest in the region.

Through investment, VTEL has an initial paid up capital of One Billion US Dollars, with plans to raise more through allowing public shareholding through the Dubai International Financial Exchange (DIFX) sometime in the future.

The main focus of VTEL is to identify, establish, and invest in the information and communications technologies (ICT) markets primarily in the Middle East and North Africa (MENA) not excluding the surrounding regions with the main objectives to enhance and grow both ourselves, and the markets we go into.

Our strength in the telecom market is highlighted by the experience in investment know how and operational experience in unyielding situations in the full spectrum of telecom services including Fixed Line, Mobile, and Data.

Business Objectives

VTEL Holdings's investment objectives are built upon the following key attributes:

1. Securing capital to build a diversified stake in the regional ICT markets in the fields of voice, video and data
2. Ensuring adherence to key objectives of risk mitigation and revenue diversification
3. Investing in convergence and content trends regionally
4. Building on PALTEL's strengths in seeking ways to enhance performance and minimize investments, rationalize operations and/or withdraw from particular investments if indications of sustainable growth are lacking and
5. Increase revenues by expanding the potential subscriber base for new service offerings, building a distinct competitive advantage of superior customer service, improving overall efficiency and seeking operational excellence.