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Omantel completes acquisition of Zain's minority stake for OMR326m
(Times of Oman - 27/08/2017)

Oman Telecommunications Company (Omantel) has won a bid to acquire 425.7 million treasury shares of Mobile Telecommunications Company (Zain), which represent 9.84 per cent at an offer price of 0.600 Kuwait dinar. The acquisition was for a total cash

Omantel plans to tap bridge loan facility for Zain shares acquisition
(Arab News - 24/08/2017)

Oman Telecommunications (Omantel) plans to tap a bridge loan facility to fund the acquisition of a 9.84 percent stake at Zain, which was valued at $846.1 million (SR3.17 billion). The loan would be taken through a long-term loan facility or combined with

Omantel enables pilgrims to stay connected via 'Jawazak Hajj'
(Oman Daily Observer - 20/08/2017)

Omantel has announced the launch of Jawazak Hajj plan for customers travelling to Saudi Arabia to perform the Haj. This plan reflects Omantel's commitment towards offering value-added services that benefit customers. "The plan which is valid for 10 days

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