---
title: Vodafone Qatar abandons state broadband firm acquisition - Developing Telecoms
description: Vodafone Qatar has reneged on its non-binding agreement to buy the country’s fixed broadband operator, Qatar National Broadband Network (QNBN).
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 [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)## Vodafone Qatar abandons state broadband firm acquisition

 

 

   Details    James Barton    Category: [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)     01 December 2014     10365 views   

 

  ![](https://developingtelecoms.com/images/stories/Company_Logos/800x600/vodafone_logo_600.jpg)  

 

Vodafone Qatar has reneged on its non-binding agreement to buy the country’s fixed broadband operator, Qatar National Broadband Network (QNBN).

[The initial non-binding agreement was originally announced in October](https://developingtelecoms.com/business/deals/121-operators/5496-vodafone-qatar-buys-state-broadband-provider.html), and would have seen Vodafone Qatar acquire QNBN for $57 million.

The second-placed Qatari operator did not confirm a concrete reason for dropping the deal, only saying that “following a due diligence and negotiation process, the parties have determined not to proceed with the transaction”.

Currently deploying a nationwide fibre network, QNBN has pre-existing contracts with both Qatari operators (Vodafone and Ooredoo) to provide wholesale broadband capacity.

Vodafone Qatar is the smaller of Qatar’s 2 operators, with 1.4 million mobile connections at the end of Q2 2014. This figure is up 16% on the same period last year.

 

 

   
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