Tuesday 31 March 2015
 
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Omantel

Microsoft Oman and partners conclude Imagine Cup roadshow

Microsoft Oman in partnership with Omantel and Information Technology Authority (ITA) concluded the roadshow of the 2015 Imagine Cup national competition. Microsoft Imagine Cup, a cornerstone of the Microsoft YouthSpark initiative

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Omantel seeks approval for debut Islamic bond

Oman Telecommunications (Omantel) said on Sunday its board would seek shareholder approval for a debut issuance of Islamic bonds, or sukuk, only the second such corporate deal in the Sultanate. The proposed sukuk, for which no siz

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Omantel Q4 net profit falls 11pc

Oman Telecommunications (Omantel) reported an 11 per cent fall in fourth-quarter profit on Sunday, according to Reuters calculations, missing analysts' estimates as it ended a run of five straight quarters of rising earnings.

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Omantel Q3 net profit rises 3.1pc

Oman Telecommunications (Omantel) reported a 3.1 per cent rise in third-quarter profit on Monday, according to Reuters calculations, meeting analysts' expectations. The former monopoly made a net profit of RO30 million ($77.9

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Omantel posts flat Q2 profit

Oman Telecommunications (Omantel) reported a flat second-quarter profit on Tuesday, beating analysts' estimates despite a drop in revenue as expenses also fell. The former monopoly made a net profit of 31.5 million rials ($81.

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Omantel Q1 net profit rises 18pc

Oman Telecommunications (Omantel) reported an 18 percent rise in first-quarter net profit on Wednesday, beating analysts' estimates as wholesale revenue rose by nearly a third to offset declining text and international call income.

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Oman raises $530m in Omantel stake sale

Oman's government raised nearly 204 million rials ($530 million) from its sale of a 19 percent stake in Omantel, part of efforts to revive its privatisation programme, a Muscat bourse statement said on Wednesday. The governmen

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Omantel share sale subscribed 1.99 times

The first part of the Oman government's sale of a 19 per cent stake in telecommunications operator Omantel, part of efforts to revive its privatisation programme, was 1.99 times subscribed, the company said on Sunday.  

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Oman to begin Omantel stake sale next week

Oman will begin the sale of a 19 percent stake in its former telecommunications monopoly Omantel next week, according to a report on state news agency ONA, which quoted a government official. The government will offload 142.5 mill

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Omantel profit up 13pc despite revenue drop

Oman Telecommunications (Omantel) reported a 13 percent rise in fourth-quarter profit on Wednesday despite a slight drop in revenue as costs also fell. The former monopoly made a net profit of 29.7 million rials ($77.14 million) i

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