| QATAR MOBILE DEMAND - June 2005 |
| | UNITS | 2001A | 2002A | 2003A | 2004A | 2005E | 2006E | 2007E | 2008E | 2009E | 2010E |
| DEMOGRAPHICS |
| Population | [000] | 608 | 640 | 700 | 740 | 800 | 860 | 912 | 957 | 995 | 1,035 |
| Nominal GDP | [US$m] | 17,742 | 17,881 | 19,458 | 28,451 | 33,620 | 34,055 | N/A | N/A | N/A | N/A |
| Real Growth Per Capita | [%] | 5.38 | 2.00 | 4.00 | 2.40 | 3.50 | N/A | N/A | N/A | N/A | N/A |
| Nominal GDP Per Capita | [US$] | 29,180 | 28,010 | 27,960 | 38,290 | 42,210 | 39,590 | N/A | N/A | N/A | N/A |
| PPP Adjusted GDP Per Capita | [US$] | 37,067 | 38,500 | 37,160 | 38,630 | 40,070 | 41,460 | N/A | N/A | N/A | N/A |
| Consumer Price Inflation | [%] | 1.36 | 1.01 | 2.27 | 6.80 | 7.30 | 6.20 | N/A | N/A | N/A | N/A |
| Local Currency / US$ | [LCU / US$] | 3.64 | 3.64 | 3.64 | 3.64 | 3.64 | 3.64 | N/A | N/A | N/A | N/A |
| MOBILE PENETRATION OF POPULATION |
| Main Lines | [%] | 27.5% | 27.6% | 26.2% | 26.0% | 25.3% | 24.7% | 24.5% | 24.5% | 24.7% | 24.9% |
| Mobile Subscriptions | [%] | 29.3% | 41.7% | 56.0% | 74.0% | 79.1% | 82.0% | 84.2% | 85.0% | 85.7% | 86.4% |
| Prepaid | [%] | 10.2% | 20.4% | 35.8% | 53.7% | 59.8% | 63.0% | 64.6% | 65.1% | 65.7% | 66.5% |
| Postpaid | [%] | 19.0% | 21.3% | 20.2% | 20.3% | 19.3% | 19.0% | 19.6% | 19.9% | 20.0% | 19.9% |
| MOBILE SUBSCRIPTIONS BY NETWORK OPERATOR |
| Total Mobile Subscriptions | [000] | 178 | 267 | 392 | 548 | 633 | 705 | 768 | 813 | 853 | 895 |
| Qtel | [000] | 178 | 267 | 392 | 548 | 633 | 686 | 698 | 698 | 695 | 690 |
| Operator 2 | [000] | 0 | 0 | 0 | 0 | 0 | 19 | 69 | 115 | 158 | 205 |
| MOBILE SUBSCRIPTIONS BY TYPE OF PACKAGE |
| Prepaid | [000] | 62 | 131 | 251 | 397 | 478 | 542 | 589 | 623 | 654 | 689 |
| Qtel | [000] | 62 | 131 | 251 | 397 | 478 | 529 | 541 | 541 | 537 | 533 |
| Operator 2 | [000] | 0 | 0 | 0 | 0 | 0 | 13 | 48 | 82 | 116 | 156 |
| Postpaid | [000] | 116 | 136 | 141 | 150 | 155 | 164 | 179 | 190 | 199 | 206 |
| Qtel | [000] | 116 | 136 | 141 | 150 | 155 | 157 | 157 | 157 | 157 | 157 |
| Operator 2 | [000] | 0 | 0 | 0 | 0 | 0 | 7 | 22 | 33 | 42 | 49 |
| CHURN |
| Annual Churn Rate | [%] | 1% | 1% | 1% | 1% | 4% | 9% | 11% | 10% | 10% | 10% |
| By Operator |
| Qtel | [%] | 1% | 1% | 1% | 1% | 4% | 9% | 11% | 10% | 10% | 10% |
| Operator 2 | [%] | 0% | 0% | 0% | 0% | 0% | 7% | 9% | 9% | 10% | 10% |
| MOBILE SUBSCRIPTIONS BY TECHNOLOGY |
| | | 178 | 267 | 392 | 548 | 633 | 705 | 768 | 813 | 853 | 895 |
| Analog | [000] | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Digital Trunking | [000] |
| GSM | [000] | 178 | 267 | 389 | 520 | 595 | 655 | 691 | 712 | 733 | 755 |
| TDMA | [000] |
| CDMA One | [000] |
| HSCSD | [000] |
| PAS | [000] |
| PHS | [000] |
| PDC | [000] |
| GSM/GPRS | [000] | 0 | 0 | 3 | 27 | 38 | 49 | 61 | 73 | 85 | 98 |
| GSM/EDGE | [000] |
| CDMA 1X | [000] |
| CDMA2000 (EV/3X) | [000] |
| UMTS | [000] | 0 | 0 | 0 | 0 | 0 | 1 | 15 | 28 | 35 | 41 |
| USAGE |
| Average Monthly Voice MOU | [min] | 682 | 642 | 597 | 561 | 538 | 522 | 508 | 498 | 490 | 483 |
| By Operator |
| Qtel | [min] | 682 | 642 | 597 | 561 | 538 | 521 | 505 | 494 | 485 | 478 |
| Operator 2 | [min] | 682 | 642 | 0 | 0 | 0 | 558 | 536 | 522 | 510 | 499 |
| AVERAGE REVENUE PER SUBSCRIPTION |
| Aggregate Mobile | [US$/month] | 58 | 84 | 77 | 69 | 63 | 57 | 51 | 48 | 46 | 45 |
| By Operator |
| Qtel | [US$/month] | 58 | 84 | 77 | 69 | 63 | 57 | 51 | 47 | 45 | 44 |
| Operator 2 | [US$/month] | 0 | 0 | 0 | 0 | 0 | 62 | 56 | 52 | 50 | 49 |
| By Service Area |
| Voice | [US$/month] | 56 | 80 | 72 | 64 | 58 | 51 | 46 | 42 | 39 | 36 |
| Messaging | [US$/month] | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Data/Internet | [US$/month] | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 5 |
| TOTAL MOBILE REVENUES |
| By Type of Application | [US$m] | 103 | 223 | 303 | 390 | 449 | 456 | 455 | 454 | 457 | 472 |
| Voice Revenue | [US$m] | 99 | 213 | 286 | 363 | 411 | 410 | 405 | 395 | 389 | 382 |
| Activation Fees | [US$m] | 5 | 9 | 10 | 12 | 11 | 9 | 8 | 5 | 5 | 5 |
| Outgoing Voice | [US$m] | 88 | 189 | 252 | 320 | 364 | 360 | 354 | 346 | 338 | 328 |
| Incoming Voice | [US$m] | 0 | 0 | 0 | 0 | 0 | 5 | 7 | 9 | 9 | 12 |
| Voice VAS | [US$m] |
| In-Country Roamers | [US$m] | 6 | 16 | 24 | 31 | 36 | 36 | 36 | 34 | 37 | 38 |
| Data Revenue | [US$m] | 4 | 10 | 17 | 27 | 38 | 46 | 50 | 59 | 69 | 90 |
| Messaging | [US$m] | 4 | 8 | 12 | 20 | 27 | 32 | 32 | 36 | 37 | 42 |
| Mobile Internet Access | [US$m] | 0 | 2 | 5 | 8 | 11 | 14 | 18 | 23 | 32 | 47 |