VTEL Holding was established in the United Arab Emirates in 2006 with a total capital of USD 377 Million. PADICO HOLDING owns 10% of VTEL Holding’s capital. The company provides telecommunication services in the Middle East, Africa, Eastern Europe and Central America. VTEL Holding runs investments in the telecommunications sector in Jordan, Iraq, Georgia, Armenia, Ukraine, Burundi and Barbados.
Since its inception, VTEL Holding has managed to achieve substantial a reputation for excellence; it is marked as the best in ICT projects. VTEL Holding substantial growth is based on forging strong alliances with entrepreneurs who have unique ideas and strong management teams, allowing the company to achieve successful business ventures, which is a VTEL HOLDING strategic goal. The company aggressively seeks to expand current geographic horizons of economic investments.