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.