Omantel reports 1Q2007 results

15 May 2007

Incumbent telco Oman Telecommunications Company (Omantel) has announced net profit after tax of OMR24.1 million (USD62.8 million) for the first quarter of 2007 an increase of 12.7% compared with a figure of OMR21.4 million in the same period of last year. Total group revenue at 31 March 2007 rose by 10% year-on-year to OMR85.71 million compared to OMR78 million in the corresponding period in 2006. Operating expenses increased by 10.2% compared with Q12006, in line with the increase of company’s activities in preparation for forthcoming competition when the fixed-line and ISP sectors are deregulated. The Telecommunications Regulatory Authority (TRA) has promised to open up the fixed line market with the issue of new licences, but has yet to say when it will happen.

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.