je.st

Home › omantel

Tag: omantel

Helios expands to Middle East in deal to acquire Omantel towers for USD 575 mln

2021-05-11 09:05:00| Telecompaper Headlines

(Telecompaper) Helios Towers announced an agreement to acquire Omantel's passive tower infrastructure portfolio of 2,890 sites for USD 575 million cash...

Tags: east middle deal middle east

Middle East 5G: Omantel 5G launch, Saudi Arabia coverage boost

2021-02-12 01:00:00| Total Telecom industry news

2021 has started on a positive light for Middle Eastern 5G, with both Saudi Arabia and Oman marking significant milestones this month. In Oman, Omantel became the first telco in the Sultanate to launch commercial mobile 5G. The operator launched 5G services for fixed home broadband in December 2019…read more on TotalTele.com »

Tags: east middle middle east coverage

Omantel Group H1 net profit drops 21%

2020-07-21 09:46:00| Telecompaper Headlines

(Telecompaper) Omantel Group said net profit decreased by 20.5 percent to OMR 100.5 million in the first six months to 30 June from OMR 126.5 million in H1 2019. This decline was mainly driven by a 27 per cent year-on-year (YoY) drop in group net profit for the second quarter of 2020 because of the effects of Covid-19, predominantly on the core mobile business. First-half group consolidated revenues slipped to OMR 1.24 billion from OMR 1.26 billion in 2019.

Tags: net group profit drops

Omantel expands ultrafast FTTH network in the Middle East

2018-11-19 01:00:00| Total Telecom industry news

Omantel has announced that it has expanded it fibre to the home network throughout the Sultanate of Oman. The nationwide expansion will improve services in the capital, Muscat, as well as the southern city of Salalah…read more on TotalTele.com »

Tags: network east middle expands