In this article we will address the topic of Omantel from different perspectives, analyzing its impact on today's society. We will explore the various opinions and arguments that revolve around Omantel, seeking to shed light on its relevance and implications in our daily lives. From its origins to its evolution, we will dive into Omantel to better understand its influence on the modern world. Through a critical and reflective approach, we will seek to unravel the different aspects that make Omantel a topic of interest and topicality, inviting our readers to reflect and form an informed opinion on the matter.
| Company type | Public |
|---|---|
| Industry | Telecommunications |
| Founded | 1996 |
| Headquarters | , |
Key people |
|
Number of employees | 2,690 |
| Website | omantel |
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)[citation needed], 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]