Saturday 7 May 2016
 
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Omantel

Omantel lands undersea cable AAE-1 in Europe

Omantel, a top telecom provider in Oman, has announced the landing of the Asia Africa Europe-1 (AAE-1) cable system in the French city of Marseille. Spanning approximately 25,000 km, the AAE-1 submarine cable is one of the first u

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Omantel Q1 profit edges up 0.6pc

Oman Telecommunications (Omantel) reported a 0.6 per cent rise in first-quarter profit on Thursday, beating analysts' estimates amid strong revenues from fixed and mobile broadband services. The former monopoly made a net prof

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OAMC, Omantel to link all airports

Oman Airports Management Company (OAMC), in collaboration with telecom services provider Omantel, will link all airports in Oman through fixed telecommunications solutions, said a report. The first phase of the project will connect Musc

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Omantel scraps $130m dual-currency sukuk

Oman Telecommunications Co (Omantel) scrapped plans for a $130 million, five-year dual-currency sukuk issue because the interest rates offered by lenders were too high, the company's chief executive said. Last month, the state

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Bids invited for Omantel HQ project

Oman Tourism Development Corporation (Omran) has invited bids for the construction of the new headquarters for Oman Telecommunications Company (Omantel) at its upcoming convention and exhibition centre in capital Muscat. The project wil

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Omantel launches $130m debut sukuk

Oman Telecommunications Co (Omantel) has opened for subscription its debut RO50 million ($129.9 million) sukuk issue, the former monopoly said on Wednesday. The Islamic bond will have a lifespan of five years, with investors allow

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Omantel picks Teoco for mobile network planning

Omantel, the largest telecom services provider in Oman, has chosen US-based Teoco to provide multiyear managed services that cover radio access network (RAN) planning and optimization, including customer experience management. Oma

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Du, Omantel team up to offer IPTV in Oman

UAE-based du, a major telecom service provider in the Middle East, has partnered with Omantel, Oman’s largest telecom operator, for its award-winning IPTV service platform. Through this regional first tie up between the oper

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Omantel launches Ericsson’s Zero Site solution

Omantel, a leading Omani telecom operator, has announced the launch of the first Zero Site solution from Ericsson in the Sultanate in a bid to meet end user demands with industry leading solutions. During the Khareef season in 201

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Omantel Q2 profit falls 15.5pc

Oman Telecommunications (Omantel) reported a 15.5 per cent fall in second-quarter net profit on Thursday. The former monopoly made a net profit of OR26.7 million ($69.35 million) in the three months to June 30, down from OR31.6 mi

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