Oman Telecommunications Company (Omantel) is the first
telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...
company in
Oman
Oman, officially the Sultanate of Oman, is a country located on the southeastern coast of the Arabian Peninsula in West Asia and the Middle East. It shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen. Oman’s coastline ...
and is the primary provider of
internet
The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks ...
services in the country. The government of Oman owns a 51% share in Omantel.
Omantel acquired 65% of WorldCall Pakistan in 2008.
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.
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. The same year, it won an award for its human resources standard of quality.
Omantel is the first telecommunication operator in Oman to launch a 5G network.
"Omantel launches mobile 5G services in Oman"
''SatelliteProMe.com'', February 15, 2021. Accessed 03 March 2021
References
External links
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Telecommunications companies of Oman
Internet service providers of Oman
Telecommunications companies established in 1996
Omani brands
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