UAE’s Etisalat Group on Wednesday said it has submitted a bid for the third mobile telecom license in Oman.
The bid is in line with the company’s expansion strategy considering the market potential and similarities, footprint proximity to its core market and likely synergies, it said in a brief statement.
Kuwait’s Zain Group and Saudi Telecom Company have also submitted their bids.
Oman’s Telecommunications Regulatory Authority (TRA) will announce names of qualified bidders on August 14 by, with the winning applicant likely to be announced on September 4.
In November, the TRA called for companies to bid for new mobile telecom license, stating competition in the market will be of significant benefit to consumers and to the economy. It added that the availability of a range of additional radio spectrum that could be deployed is expected to provide a multitude of mobile telecom services, particularly mobile broadband, to the consumers in the Sultanate.
Oman Mobile and Ooredoo are the two telecom services provider in the country.
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