Omantel expands in 1H

7 Aug 2006

Oman Telecommunications Company (Omantel) has announced a net profit of OMR42.9 million (USD111.8 million) for the first half of 2006, up 9.7% from OMR39.1 million in 1H 2005, on revenues that rose by 20.5% year-on-year to OMR157.6 million. The company attributed the growth to expansion across all its business areas, leading to a 19.9% increase in operating costs. Omantel’s total number of subscribers rose by 23.5% to 1.541 million by the end of June 2006 compared with 1.248 million a year earlier. Wireless arm Oman Mobile’s subscribers hit 1.17 million at the end of the period, up from 909,000 at end-June 2005, as mobile revenues rose by 25% year-on-year to OMR112.8 million.

Oman, Oman Telecommunications Company (Omantel),


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate



Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.