Monday, 09 November 2009 | 04:24 UAE time
COMPANIES
Oman Telecommunications Company
- 1.31 Last
- -0.02 (-1.14%) Today's Change
- 204,046 Volume
- 1.13-1.76 52 Week Range
- -0.45 (-25.64%) 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 | ||
|---|---|---|---|
| Public Authority for Social Insurance | companies | Oman | |
| Oman Charitable Organization | companies | Oman | |
| Civil Service Employees Pension Fund | funds | Oman | |
| Diwan of Royal Court Pension Fund | funds | Oman | |
| Internal Security Services Pension Fund | funds | Oman | |
| Ministry of Defence Pension Fund | funds | Oman | |
| Palace Office Pension Fund | funds | Oman | |
| Royal Guard of Oman Pension Fund | funds | Oman | |
| Royal Oman Police Pension Fund | funds | Oman | |
| Sports Activity Fund - Youth Development | funds | Oman | |
| Sultan's Special Forces Pension Fund | funds | Oman |
PORTFOLIO
| Name | Country |
|---|---|
| Oman Mobile Telecommunications Company | Oman |
| Worldcall Telecom | Pakistan |
| Infoline | Oman |
| Omania E-Commerce Company | Oman |
| Oman Fiber Optic Company | Oman |
| Arab Satellite Communications Organization | Saudi Arabia |
| Thuraya Satellite Telecommunications Company | UAE |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Salem Bin Sultan Al Ruzaiqi | Board Member |
| Mohammed Bin Hamed Al Maskry | Board Member |
| Abdullah Bin Masoud Al Harthi | Board Member |
| Gerd Wittkemper | Board Member |
| Hamad Bin Mohammed Al Hadhrami | Board Secretary |
| Saoud Bin Ahmad Al Nahari | Board Member |
| Aimen Bin Ahmed Al Hosni | Board Member |
| Sultan Bin Hamdoun Al Harthi | Chairman |
| Abdulkader Askalan | Vice Chairman |
| Mehdi Bin Mohammed Jawad Al Abdwani | Board Member |
| Abdulrahim Bin Salim Al Harmi | Board Member |
| MANAGEMENT | Position |
| Amer Al Rawas | Chief Channel Officer |
| Mohammed Ali Al Wahaibi | Chief Executive Officer |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Business Analyst, Abu Dhabi, UAE
- Asst to General Manager, Abu Dhabi, UAE
- Office Manager / Secretary, Abu Dhabi, UAE
- Personal Assistant, Qatar, Qatar
- Client Manager, Abu Dhabi, 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.