Oman_Mobile

Omantel

Omantel

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Oman Telecommunications Company (Omantel) is the first telecommunications company in Oman and is the primary provider of internet services in the country. The government of Oman owns a 51% share in Omantel.[2]

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Omantel acquired 65% of WorldCall Pakistan in 2008.[3] In the biggest transaction of its kind in Middle East & North African Region (MENA)[citation needed], Omantel acquired 12.1% of Zain Group stake worth of $2.19 billion in 2017, making it the second largest shareholder with 21.9% stake.[4]

Omantel has established itself as a major international hub, with currently ten submarine cables landing in Oman, e.g. TWA, EIG, PLAG, Falcon, EPEG, SMW-3, Mena, POI, OMRAN, GBI and BBG.

In 2015 it announced a project that will implement FTTH technology in the country.[5] The same year, it won an award for its human resources standard of quality.[6]

Omantel is the first telecommunication operator in Oman to launch a 5G network.[7]

References

  1. [1]
    "Oman Telecommunications Company". Google Finance. Retrieved March 5, 2009.
  2. [2]
    "Omani government raises $530m from sale of 19% of Omantel".
  3. [3]
    "Omantel acquires 65% stake in WorldCall Pakistan". Inside Telephony. April 19, 2008. Archived from the original on July 3, 2008. Retrieved March 5, 2009.
  4. [4]
    Omantel completes $2bn acquisition of Zain shares Arabian Business
  5. [5]
    "Omantel rolls out high speed internet connection via fibre-to-the-home technology", Times of Oman, March 16, 2015. Accessed 06 July 2015
  6. [6]
    "Omantel bags MENA Excellence Award in Employee Engagement", Times of Oman, May 26, 2015. Accessed 06 July 2015.
  7. [7]
    "Omantel launches mobile 5G services in Oman", SatelliteProMe.com, February 15, 2021. Accessed 03 March 2021


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