Helios to build 300 new telecom towers in Oman : vimarsana.c

Helios to build 300 new telecom towers in Oman


Helios to build 300 new telecom towers in Oman
MUSCAT, 3 hours, 12 minutes
ago
UK-based Helios Towers, a leading infrastructure management firm has pledged to build at least 300 telecom towers in Oman as part of a long-term master services agreement reached with telecom services provider Omantel.
The deal to sell Omantel’s passive tower infrastructure to Helios Towers will drive cost efficiency and infrastructure development, Talal Said al Mamari, Chief Executive Officer of Omantel was quoted as saying by Oman Observer.
He was speaking at a virtual session with investors hosted by Muscat Securities Exchange (MSX).
He said the $575 million sale of 2,890 towers is in line with Omantel’s strategy to develop world class asset light, strategic and advanced communications networks in Oman and to generate the greatest value and efficiency for the benefit of shareholders, customers and partners.

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