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Omantel Launches Muscat Innovation Labs to Foster Entrepreneurship

Omantel Launches Muscat Innovation Labs to Foster Entrepreneurship
cairoscene.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cairoscene.com Daily Mail and Mail on Sunday newspapers.

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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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Omantel CEO highlights merits of towers sale deal


Omantel CEO highlights merits of towers sale deal
By: Times News Service
Muscat: On May 11, Omantel entered into a landmark agreement that is aimed at further strengthening its financial standing on several levels and driving better service and network solutions.
At a virtual session with investors hosted by Muscat Securities Exchange (MSX)”, Talal Said Al Mamari, Chief Executive Officer of Omantel, highlighted how this deal to sell its passive tower infrastructure to UK-based infrastructure management firm Helios Towers will drive cost efficiency and infrastructure development.
In his address to the virtual audience, he said the $575 million sale 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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