Omantel’s financial results for the nine months ending September 30, 2024, showed a net profit of RO187.5 million and a 2.2% growth in revenues. Despite a decrease in domestic net profit due to investments in network expansion, the group remains on a solid growth trajectory, with Zain Group also posting strong revenues.
Omantel’s “Innovative Media” initiative successfully trained 200 media professionals in Oman, focusing on artificial intelligence to boost the digital economy. Workshops held in Muscat and Dhofar provided practical AI skills, helping participants integrate new technologies into their media work. The initiative aligns with Oman Vision 2040’s digital goals.
Omantel and Zain Omantel International are co-hosting the 11th annual Global Carrier Community Meeting (GCCM) in Muscat on November 5th and 6th. The event will showcase Salalah’s growth as a connectivity hub and feature masterclasses from Google and AWS, aligning with Oman’s Vision 2040.
Omantel hosted its Technology Summit under the theme ‘TechXelerate,’ gathering officials and decision-makers to showcase innovations in telecom and ICT solutions. The summit featured a keynote by former Google X executive Mohammad Gawdat and highlighted the ‘Intakhib’ system for digitizing the voting process, emphasizing digital transformation in Oman.
Omantel’s ‘TechXelerate’ Technology Summit showcased innovations in digital transformation, gathering senior officials and industry leaders in Muscat. The event highlighted Omantel’s integrated telecom and ICT solutions, including the new ‘Intakhib’ voting system, aimed at enhancing transparency and engagement in Oman’s digital landscape.
Omantel has successfully concluded its Extended Reality Bootcamp, bringing together 37 tech enthusiasts to explore Augmented Reality, Virtual Reality, and Mixed Reality. The event, aimed at fostering innovation and supporting Oman’s Vision 2040, featured industry experts and focused on equipping participants with essential XR skills for future tech entrepreneurship.
Omantel has successfully tested RedCap technology in collaboration with Huawei, aiming to boost its 5G network’s speed and efficiency affordably. This advancement promises enhanced IoT connectivity and could revolutionize multiple sectors with its energy-efficient features.
Omantel partners with the Oman Ministry of Education as the official technical partner for the Oman Science Festival 2024, aimed at enhancing STEM education among youth. The festival will feature AI, robotics, and VR, promoting advanced skills and supporting Oman’s Vision 2040.
Omantel has inaugurated the second-largest data center in the region in Salalah, Oman, enhancing the nation’s digital infrastructure. This strategic development, announced at the Oman IT Forum, connects Salalah with global networks and supports major tech companies, boosting Oman’s position as a key digital hub.
Zain Omantel International (ZOI) joins One Consortium to combat international telecom fraud, aligning with its commitment to integrity and customer-centricity. As a voting member, ZOI will help develop solutions and standards to enhance trust in telecommunications across the Middle East and globally.
