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Chairman Message

Dear Esteemed Investors and Shareholders, Omantel, alongside the extended telecom sector in Oman, has experienced a pivotal transformation with the advent of the third mobile network operator in the market, intensifying competition substantially. However, the winds of adversity have not deterred us; Omantel's unwavering commitment to our "Shift Gear" strategy allowed us to adeptly maneuver through the intensified competition.

Dear Esteemed Investors and Shareholders, Omantel, alongside the extended telecom sector in Oman, has experienced a pivotal transformation with the advent of the third mobile network operator in the market, intensifying competition substantially. However, the winds of adversity have not deterred us; Omantel's unwavering commitment to our "Shift Gear" strategy allowed us to adeptly maneuver through the intensified competition.

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Our foresight and diversified strategy, hinging on Oman's strategic geographical advantage point, has propelled Omantel to a leadership position in the industry. Today, we stand tall as a significant wholesale provider serving telecom operators and content providers on a local, regional, and global scale. Our investments span over 20 subsea cable systems worldwide, connecting over 120 cities across more than 50 countries.

To fortify our legacy and to resonate with Oman's digital aspirations, our “Shift Gear to achieve sustainable profitability growth” strategy remains paramount. This strategy hinges on:

  • Differentiating in our core telco services, infrastructure, brand, and our role as a global telecommunications hub.
  • Transitioning into a digital-native operator, leveraging data insights to enhance customer experience and our human capital.
  • Identifying innovative avenues for growth, especially in the ICT market, facilitated by the Omantel Innovation Labs. Crafting a symbiotic ecosystem with other industry players remains a strategic keystone.
  • Lastly, while our investment in strategic avenues continues unabated, our commitment to cost optimization and realizing efficiencies remains unyielding.

In tandem with the Sultanate’s Vision 2040, we are channeling our efforts towards forging a formidable digital ecosystem. We remain committed to being the primary technological ally for our customers, addressing all their tech-related requirements.

Finally, we take this opportunity on behalf of Board of Directors to express our heartfelt thanks to our shareholders and loyal customers for their continued support that enabled us to achieve these excellent results. in addition, we wholeheartedly appreciate the sincere contribution of the executive management and employees for their performance in the sector’s national and global challenges . With your support, we are confident that Omantel will continue its good performance and will be able to reach new heights of excellence.

Yours sincerely,

Mr. Mulham Al Jarf

Chairman of Omantel’s Board of Directors