Vodafone will pay over $2 bn for its second mobile license in Qatar, where its unit would also launch a IPO by November. Vodaphone/Qatar Foundation Consortium will pay a fee of 7.716 billion Qatar rials (about $2.1 billion) for the second mobile license in the country. The shareholding structure of the Licensee Company will include Vodafone/Qatar Foundation Consortium (45pc)., public shareholders through an IPO (40pc), and Government/Qatari Institutional Shareholding (15pc). The new licensee will launch services on the first quarter of 2009.
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