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]
Omantel acquired 65% of WorldCall Pakistan in 2008.[3] In the biggest transaction of its kind in Middle East & North African Region (MENA), One of the directors was later charged for corruption in this acquisition, which resulted in a loss of almost 200 million US dollars for the company. 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. [5]
In 2015 it announced a project that will implement FTTH technology in the country.[6] The same year, it won an award for its human resources standard of quality.[7]
Omantel is the first telecommunication operator in Oman to launch a 5G network.[8]
External links
References
- Oman Telecommunications Company Google Finance, retrieved March 5, 2009^
- Omani government raises $530m from sale of 19% of Omantel^
- Omantel acquires 65% stake in WorldCall Pakistan Inside Telephony, April 19, 2008, retrieved March 5, 2009^
- Omantel completes $2bn acquisition of Zain shares Arabian Business^
- Oman - Submarine Networks www.submarinenetworks.com, retrieved 2025-09-03^
- "Omantel rolls out high speed internet connection via fibre-to-the-home technology", Times of Oman, March 16, 2015. Accessed 06 July 2015^
- "Omantel bags MENA Excellence Award in Employee Engagement", Times of Oman, May 26, 2015. Accessed 06 July 2015.^
- "Omantel launches mobile 5G services in Oman", SatelliteProMe.com, February 15, 2021. Accessed 03 March 2021^