COMPANIES
Oman Telecommunications Company
- +1.28 Last
- +0.03 (+2.30%) Today's Change
- 955,367 Volume
- 1.13-2.43 52 Week Range
- -1.06 (-45.26%) 52 Week Change
COMPANY DESCRIPTION
Oman Telecommunications Co (Omantel) is an Oman-based company focusing on operating, maintaining fixed and mobile telecommunication services. Its services target three consumer groups: residential, corporate and government.Residential services include international and national calls and prepaid cards, while its internet services include internet log and surf and Ibhar, its broadband wireless service.
The company has a monopoly in both landline and internet markets. The Omani government owns 70 percent of Omantel after 30 percent was listed for the public in 2005. In 2005, Qatar Telecommunication Company (Qtel) and partners were awarded the second licence to offer mobile services in the country under the brand of Nawras.
Last month Omantel’s CEO Mohammed Al Wohaibi resigned for personal reasons. The resignation came after the government delayed plans to sell part of its controlling stake in the company in December and as Omantel faces increasing challenges over its investments in Pakistan.
KEY INFORMATION
Industry
Fixed Line Operators, Internet Service Providers, Mobile Network Operators
Address
789, Muscat, Oman
T
968 24631000
F
968 24696868
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 1999 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Civil Services Employees Pension Fund | Oman |
| Diwan of Royal Court Pension Fund | Oman |
| Internal Security Services Pension Fund | Oman |
| Ministry of Defence Pension Fund | Oman |
| Oman Charitable Organization | Oman |
| Palace Office Pension Fund | Oman |
| Public Authority for Social Insurance | Oman |
| Royal Guard of Oman Pension Fund | Oman |
| Royal Oman Police Pension Fund | Oman |
| Sports Activity Fund - Youth Development | Oman |
| Sultan's Special Forces Pension Fund | Oman |
PORTFOLIO
| Name | Country |
|---|---|
| Infoline | Oman |
| Oman Fiber Optic Company | Oman |
| Oman Mobile Telecommunications Company | Oman |
| Omania E-Commerce Company | Oman |
| Worldcall Telecom | Pakistan |
| Arab Satellite Communications Organization | Saudi Arabia |
| Thuraya Satellite Telecommunications Company | UAE |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| HE Sultan Bin Hamdoun Al Harthi | Chairman |
| Abdulkader Askalan | Vice Chairman |
| Abdullah Bin Masoud Al Harthi | Board Member |
| Gerd Wittkemper | Board Member |
| Saoud Bin Ahmad Al Nahari | Board Member |
| Aimen Bin Ahmed Al Hosni | Board Member |
| Mehdi Bin Mohammed Jawad Al Abdwani | Board Member |
| Abdulrahim Bin Salim Al Harmi | Board Member |
| Salem Bin Sultan Al Ruzaiqi | Board Member |
| Mohammed Bin Hamed Al Maskry | Board Member |
| Hamad Bin Mohammed Al Hadhrami | Board Secretary |
| MANAGEMENT | Position |
| Mohammed Ali Al Wahaibi | Chief Executive Officer |
| Amer Al Rawas | Chief Channel Officer |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Financial Director, Morocco
- Group Finance Director, Dubai, UAE
- Finance Manager, Afghanistan
- Finance manager – High Tech SME, Dubai, UAE
- Regional Financial Controller - FMCG, Dubai, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
All markets data located on
ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only.
Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate
Selected data supplied by Reuters Limited. Click for Restrictions.