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Omantel completes $846m Zain buy
2017-08-24 02:00:00| Total Telecom industry news
Omantel has completed the formal process that will allow it to take a stake in Zain, as announced earlier this month. The Omani incumbent will pay 0.6 Kuwaiti dinars per share for a 9.84% stake in Zain, translating to a purchase price of KWD255…read more on TotalTele.com »
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Omantel buys 10% stake in Zain for USD 846 million
2017-08-10 12:30:00| Telecompaper Headlines
(Telecompaper) Omantel has agreed to buy a 9.84 percent stake in the Middle East mobile operator Zain for USD 846.1 million. Omantel will buy 425.7 million treasury shares from Zain for KWD 0.60 per share, a significant premium to the KWD 0.45 closing price the day before the announcement.
Omantel pays $846m for 10% of Zain
2017-08-10 02:00:00| Total Telecom industry news
Omantel on Thursday paid $846.1 million (€721.96 million) for a 9.84% stake in Kuwait-based Zain. The Omani incumbent said the transaction, which is subject to regulatory approval, is part of its diversification strategy…read more on TotalTele.com »
Omantel offers Humax OTT Android set-top box
2016-06-19 21:00:54| Digital TV News
Omantel has announced the launch of Humax H1 an Android set-top box that bundles popular content providers including beIN Sports, ICFLIX, Starz Play, Mavshack, OSN GO, Kids content and YouTube.
Omantel opts for ARRIS set-top boxes
2016-04-24 11:30:41| Digital TV News
Omantel has selected ARRIS VIP2262v2 DVR set-tops to deliver DVR capabilities and on-demand HD content for its new Omantel TV+ service. Omantel subscribers will use the ARRIS set-tops to access more than 450 TV channels over their broadband connection.