Helio Towers to build 300 new telecom towers in Oman over ne

Helio Towers to build 300 new telecom towers in Oman over next 7 years


Helio Towers to build 300 new telecom towers in Oman over next 7 years
COST EFFICIENCY: Omantel CEO highlights merits of towers sale deal in his virtual meet with MSX investors
Published: 8:16 PM, May 21, 2021
LEADS
MUSCAT, May 21
UK-based infrastructure management firm Helios Towers has pledged to build at least 300 telecom towers around Oman as part of a landmark long-term master services agreement reached with Omantel, the majority state-owned telecom services provider of the Sultanate.
This was revealed by Talal Said al Mamari, Chief Executive Officer of Omantel, at a virtual session with investors hosted by Muscat Securities Exchange (MSX).
Speaking during the forum, Al Mamari highlighted how the deal, reached on May 11, 2021, to sell its passive tower infrastructure to Helios Towers will drive cost efficiency and infrastructure development.

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