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Oman Telecommunications Co. OTEL
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Price in OMR Last Update : 20 Sep 2017 10:15 am (local time)
  • Oman's Most Trusted Brands: Interview with Omantel’s Acting VP, Corporate Strategy Nov 05, 2016 | Source : Muscat Daily

    The winners of the 'Oman's Most Trusted Brands' awards were announced on October 19. Omantel bagged the award in the telecom category.  The award was presented by H E Yahya al Jabri, chairman of the Capital Market...

  • Omantel receives another offer for WorldCall stake Sep 07, 2016 | Source : Muscat Daily

    Omantel has received another non-binding offer for its stake in its Pakistani subsidiary WorldCall Telecom Ltd (WTL).  The latest proposal, by Pakistan-based WorldCall Services Ltd, follows a now-terminated offer the Omani telco received in June. Omantel holds...

  • Omantel H1 net profit grows 9% Jul 13, 2016 | Source : Muscat Daily

    Omantel reported a group net profit of RO66.8mn for the six-month period ended June 30, 2016, an increase of nine per cent compared with RO61.3mn net profit in the same period of 2015. In a press release, the company said group...

  • Omantel becomes 1st GCC operator to land an undersea cable in Europe Apr 20, 2016 | Source : Muscat Daily

    Omantel on Wednesday announced the successful landing of the Asia Africa Europe-1 (AAE-1) cable system in the French city of Marseille. Spanning approximately 25,000km, the AAE-1 submarine cable is one of the first unique cable systems to connect Hong Kong to...

  • Omantel to deploy Sigfox’s Internet of Things network Apr 13, 2016 | Source : Muscat Daily

    Labege - Sigfox, a leading provider of dedicated communications services for the Internet of Things (IoT), and Omantel, Oman’s leading provider of telecom services, on Wednesday announced plans to deploy Sigfox’s IoT network in the sultanate. As a Sigfox network operator,...

  • "Sukuk Issue" Disclosure from Oman Telecommunication Feb 03, 2016 | Source : MSM

    In reference to Omantel disclosure dated yesterday 2nd February 2016 regarding the above subject, Oman Telecommunications Company S.A.O.G updated the Arabic disclosure for consistency purposes with the English. The update has not impacted the following English version. "Referring to release and

  • Oman Telecommunication released an announcement in regards to issue of Sukuk Feb 02, 2016 | Source : MSM

    "Referring to release and publication, on 27 January 2016 on international media, of the pricing details for the USD 82,160,000 and OMR 18,400,000 Senior Unsecured Fixed Rate Certificates due 2021 by First Issue S.A.O.C. (the "Certificates"), Oman Telecommunications Company S.A.O.G.

  • Oman Telecommunication announces that Capital Market Authority has provided a no objection for Jan 12, 2016 | Source : MSM

    Omantel is pleased to announce that Capital Market Authority has provided a no objection for Omantel to issue Sukuk.  In this regard Omantel.  has mandated Standard Chartered Bank as Sole Structuring Advisor, and HSBC, National Bank of Oman S.A.O.G. and

  • Omantel dividend for 2014 is 115% total Feb 18, 2015 | Source : MSM

    Following the disclosure on 15/2/2015 regarding the audited financial of the year ended 31/12/2014, we would like to clarify that the board proposal to distribute a cash dividend to shareholders of 75%, is in addition to the 40% cash dividend

  • Appointment of new CEO for Omantel Jun 29, 2014 | Source : MSM

    Pursuant to the disclosure policy, the Board of Directors of Oman Telecommunications Company (Omantel) would like to announce the resignation of Dr. Amer bin Awadh Al Rawas who has decided to move to Oil & Gas sector. The Board wishes

  • MENA hospitality industry shows mixed results as average room rates drop Jun 04, 2017 | Source : Saudi Gazette

    The MENA hospitality industry experienced mixed results in April 2017 as higher occupancies yet lower average room rates affected the overall revenue per average room (RevPAR), said Yousef Wahbah, MENA head of transaction real estate at Ernst and...

  • Investment in RegTech to rise amid geopolitical risks Jun 04, 2017 | Source : Saudi Gazette

    A large majority (75%) of anti-money laundering (AML) professionals believe the current geopolitical landscape presents new risks and challenges for preventing financial crime at their organizations, according to a joint survey by SWIFT and Dow Jones Risk &...

  • GCC aviation projects airborne May 15, 2017 | Source : Khaleej Times

    With the Middle East on track to see a two-fold growth in air traffic within years, the value of 152 active aviation-related projects in the region rose to Dh211 billion in April 2017 regardless of a huge drop...

  • GCC drives $50bn education projects Apr 18, 2017 | Source : Saudi Gazette

    The UAE is pioneering cost-effective construction for sustainable and healthy schools, driving the GCC’s $50 billion education project pipeline, industry experts announced today ahead of Cityscape Abu Dhabi. Across the GCC, public and private educational organizations are...

  • MENA hospitality market to continue softer performance Apr 16, 2017 | Source : Saudi Gazette

    Overall, the hospitality market across the GCC witnessed an even split in increases and declines of KPIs in February 2017 when compared to the same month last year, Yousef Wahbah, MENA Head of Transaction Real Estate at EY,...

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