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Technology And Telecommunication

Technology And Telecommunication

The Sultanate of Oman is among the Region’s most progressive countries in the telecom sector in terms of liberalization and promotion of competition. The Telecom operators/service providers in Oman offer consumers a wide range of telecommunications services based on state-of-the-art technology. The sector has made great progress in the liberalization process in line with the Government’s strategy and Vision, which aims at liberalizing the Omani telecommunications sector by enlisting private sector investments for the economic and social development of the Sultanate and turning the telecommunications sector into an attractive and competitive sector.

In early 2020 the consortium agreed to lease mobile towers from Oman Tower Company (OTC), and this will allow them to enter the mobile market more quickly. OTC plans to build more mobile towers in Oman throughout 2020 and make these available for infrastructure sharing. Oman has established a progressive mobile sector which comprises substantial coverage of both 3G and 4G LTE networks. There have also been trials conducted, networks upgraded, and spectrum allocated, in readiness for 5G. The Regulator has allowed the major mobile operators, Omantel and Ooredoo the right to use a 100MHz 5G spectrum.

While Oman's fixed broadband infrastructure penetration is considered low, it is being improved upon with the building of fibre-based networks as part of Oman's National Broadband Strategy. By 2040 it is hoped that all homes and businesses will be connected to the national broadband infrastructure. Meanwhile, The Telecommunications Regulatory Authority (TRA) confirmed that a memorandum of understanding (MOU) has been signed between a company owned by the local investment funds and Vodafone as a strategic partner to complete the procedures for obtaining the third operator license to provide mobile telecommunications services in the Sultanate.

Due to the volatile nature of the sector, accessing capital and finding and retaining the right personnel are more challenging than ever. The ever increasing complexity of products, escalating manufacturing costs and the continuing trend of convergence are some of the factors that demand alternative ways in evaluating businesses competitiveness.

Crowe Oman can help you in:

  • Assessing & coping with technology challenges.
  • Convergence management.
  • Inclusion of provisions that maximizes concessions.
  • IP management.
  • Mergers, acquisitions and takeovers.
  • IPO issuing and private funding.
  • Personnel management.