Oman’s telecom sector experienced strong growth in 2024, with increased mobile usage, broadband access, and a 72% rise in IoT connections. Revenues rose by 4%, while investments in infrastructure surpassed global averages. The country also made significant strides in expanding fiber-optic coverage and improving internet access in schools and homes.
Oman’s telecommunications sector saw significant growth in 2024, marked by a surge in IoT subscriptions, expanded fiber broadband, and increased investments. Revenues grew, and broadband coverage expanded rapidly, supporting the country’s Vision 2040 digital goals. The government’s push for digital equity and national talent development further bolstered the sector.
The global wireless industry achieved a historic milestone in 2024, reaching 2.25 billion 5G connections, with North America leading the way. 5G adoption continues to expand rapidly, with forecasts predicting 8.3 billion 5G connections by 2029. Meanwhile, IoT saw an exceptional surge, with 438 million new connections in 2024.
