“We are delighted to announce the creation of this joint venture. We have been investigating the opportunities for TeleWare services in the Middle East with a consultant firm and identified the need for setting up a joint venture in the region to service our clients closely. This approach will enable us to sell the full range of TeleWare applications in this exciting market,” said Geoff Haworth, Founder and Chairman of TeleWare Group plc.
Commenting on the agreement, Ahmed Alsheeb, as Chairman of Amjaad Capital and joint founder of TeleWare Middle East LLC said, “TeleWare is a world leader in its industry. Their solutions are being used by multiple industry verticals like telecoms, financial services, airlines, large corporates and government agencies, and each of them has reaped huge incremental benefits. With the rapid growth of Gulf Cooperation Council countries, which are expected to spend up to a staggering $375bn on the expansion of telecommunications and related infrastructure over the next decade, we believe we have the best expertise in the field at our service."
The new company will be based in Qatar and will initially focus on servicing clients in the Gulf countries.
“Qatar is growing rapidly; the market in Qatar is second only to Dubai in size, with four new cities being built. There is a huge need for high quality products, services and skilled personnel,” explained Ahmed Alsheeb. “TeleWare’s hosted and on-site intelligent telecommunication service offering and the Rapid Deployment Unit from Private Mobile Networks are both ideal solutions for this market, offering rapid deployment of telecommunications services for the construction sector and for established areas such as the military and oil and gas sectors as well as large and medium size corporates.