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From Telecom Pioneer to Digital Powerhouse
1980
The General Telecommunications Organisation (GTO) is established in Oman pursuant to Royal Decree No. 43 of 1980, to provide domestic and international telecommunication services within Oman.
1999
Omantel was incorporated as a closed joint stock company.
Omantel was granted sole responsibility for the provision of fixed and mobile telecommunications services in Oman.
2004
Omantel is granted two Class I licenses – Fixed (25 years) and Mobile (15 years).
Market Liberisation & Expansion
2005
Ooredoo awarded second Omani Class I mobile license, The government sells 30% of its stake as Omantel becomes a publicly listed company (SAOG).
2009
Ooredoo is awarded a Class I fixed licence. Mobile Resellers (MVNOs) were launched in Oman which was a first in the Middle East.
2010
Omantel implements “Carrier of Carriers” strategy, providing infrastructure for international operators.
2012
Awasr is granted a fixed Class I license for public telecom services in Muscat governorate.
Strategic Investments & Regional Expansion
2014
The Omani government sells an additional 19% stake in Omantel in a public offering.
2017
Omantel acquires 9.8% stake in Zain Group; later expands to 21.9% through Oztel Holdings.
2018-2019
Omantel fully acquires Oman Data Park.
2019
Omantel’s mobile License renewed for 15 years (Royal Decree No. 15/2019).
Omantel acquires 40% stake in Majan Telecommunication LLC (Renna).
Diversification & Digital Transformation
2021
Omantel fully acquires Infoline LLC.
Vodafone (Oman Future Telecommunications Company) awarded third Class I mobile license. Omantel enters leaseback agreement with Helios Towers PLC for 2,519 telecom towers.
2022
Omantel collaborates with Oman Investment Authority to establish Pearl REIF Fund and acquires 51% stake in Future Cities SAOC.
Omantel completes Phase 1 of tower leaseback to Helios Towers for RO 190.3 Mn. Sells 32.2% of Pearl REIF for RO 15.3 Mn.
Omantel signs MoU with Microsoft for ICT innovation.
In 2022, Omantel also acquired 55%. Stake in Global Financial Technologies LLC a Fintech start-up specialising in payment solutions.
Regional Leadership & Technological Pioneering
2023
Incorporates Zain Omantel International (ZOI) – a JV between Zain Internatioanl (74%) and Omantel (26%) – serving 55M+ customers across 8 countries.
Omantel acquires 26% stake in Etlaq Spaceport and partners with Google for Google Distributed Cloud Edge in META region.
2024
Omantel signs strategic agreement with AWS for National cloud capabilities in Oman.