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Omantel
Oman Telecommunications Company (Omantel) is the first telecommunications company in Oman and is the primary provider of internet services in the country. The government of Oman owns a 51% share in Omantel.[2] Omantel acquired 65% of WorldCall Pakistan in 2008.[3] In the biggest transaction of its kind in Middle East & North African Region (MENA)[citation needed], One of the directors was later charged for corruption in this acquisition, which resulted in a loss of almost 200 million US dollars for the company. Omantel acquired 12.1% of Zain Group stake worth of $2.19 billion in 2017, making it the second largest shareholder with 21.9% stake.[4] Omantel has established itself as a major international hub, with currently ten submarine cables landing in Oman, e.g. TWA, EIG, PLAG, Falcon, EPEG, SMW-3, Mena, POI, OMRAN, GBI and BBG. In 2015 it announced a project that will implement FTTH technology in the country.[5] The same year, it won an award for its human resources standard of quality.[6] Omantel is the first telecommunication operator in Oman to launch a 5G network.[7] References
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