Qatar Telecom has said the delay in the disclosure of its half-yearly financial results to end-June will not exceed September 15, 2008. The Qatari telco said the delay is due to extra time required to consolidate the financial results of PT Indosat, which was acquired by Qtel in June 2008.

Qtel is aiming to becoming a top-20 global telecoms firm by 2020

Qtel commented that the delay is necessary and the telco believes the action to be in the best interests of shareholders so that the reported audited consolidated financial statements include the results of PT Indosat. Indosat is Indonesia’s second telecoms operator with a subscriber base that reached 27 million users as of end-March 2008.

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Chinese mobile equipment manufacturers ZTE and Huawei dominated 2008’s second quarter base station contracts, capturing 61 per cent of all contracts and 100 per cent of CDMA contracts, according to a report from California-based EJL Wireless Research.

ZTE captured 31 per cent of total contracts in Q2, a slight drop from 34 per cent the previous quarter, while Huawei followed with 30 per cent this quarter, EJL Wireless Research reported.

Chinese vendors ZTE and Huawei have captured the majority of Q2 basestation contracts.

Total contracts for the period numbered 67, an increase from 47 in Q1. Ericsson and Alcatel-Lucent both captured billion dollar contracts with China Mobile, while the other major vendors Motorola, Nokia Siemens Networks and Nortel Networks – all secured at least one contract.

According to the research, demand remained concentrated in the Asia Pacific and Africa regions during the quarter.