Tuesday 1 September 2015
 
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Omantel

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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Omantel Q1 net profit rises

Oman Telecommunications (Omantel) reported a 0.6 per cent rise in first-quarter profit on Thursday, beating analysts' estimates despite costs rising faster than revenue. The former monopoly made a net profit of OR34.6 million

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Omantel to appeal $13m regulator fine

Oman Telecommunications said it would appeal against a $13 million fine imposed on the company by the industry regulator for a nine-hour service interruption last year. The group, also known as Omantel, will take the matter to arb

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Oman telecom regulator fines Omantel $13m

Oman's telecommunications regulator has fined Omantel  RO5 million ($12.99 million), but the company will appeal, the former monopoly said in a bourse statement on Wednesday. Omantel did not reveal the Telecommunications

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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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