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عربي

Oman Telecommunications Company

   (OTEL.MSM)
Also known as: Omantel, Omantel Group
Last Trade
1.371OMR
+ 2.39%
 
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Updated: Apr 07, 2011
 
 
 
Country

Oman

Ownership Type
Publicly Listed
Company Type
Joint Stock
 
 
 
 
Formerly Known As 
General Telecommunications Organisation until August 1999
Principal Activities
Manage and operate a fixed line telecommunication network; hold companies involved in providing mobile telecommunications and Internet services; developing e-solutions, e-learning and e-systems software solutions and providing information technology consultancy services; manufacturing of optical fiber cables.
 
Date of Establishment Year
1980
 
No of Employees
2,682 Company, N/A Headquarters (As of Mar 29, 2011)
 
Service Centers
Oman (51)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Muscat SM  OTEL OTEL.MSM Ordinary OMR
 
 
Contact Details
Address:
Oman Telecommunications Company Building
Mascut Dakhliya Road
Al Mawaleh South Area
P.O. Box 789
Muscat Ruwi 112
Oman
 
Tel:
+968 24-242424
 
Fax:
+968 24-486823
 
Email:
info@omantel.om
 
Website:
www.omantel.om
 
Related Links:
www.worldcall.com.pk
www.infoline.co.om

 
 
 Privatization Details
Listing Date:
28Jul05
Size of Offering:
$748.091M
Equity Offering:
30%
Lead
Managers:
BankMuscat
 
 
 M&A Details
 
Merger
 
Status
Confirmed
 
Companies
 
Announcement Date
12 Oct 2011
 
Closing Date
12 Oct 2011
 
 
Zawya Industry Benchmarks  Yr 2009  Yr 2010  Change (%)
No of Fixed-Line Subscribers 286,000  252,000  (11.89) 
Penetration Rate - Fixed-Line (%) 10.2%  -  N/A 
Total Group Subscribers 3,030,000  3,329,000  9.87 
 
 
 Major Shareholders  Section Updated: 15Sep11
Name   Type  Country  Holding 
Ministry of Finance - Oman  Government Oman 70.00% 
Oman United Insurance Company  Corporate Oman 7.00% 
Oman Holdings International Company  Corporate Oman 0.10% 
Public   - 22.90% 
 
 
 Foreign Ownership Limits
Section Updated: 15Dec09
Owned Permitted
95%
Nationals
 
2%
GCC Nationals
 
0%
Other Arabs
 
2%
Foreigners
 
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Oman Mobile Telecommunications Company Oman 99.00%
Worldcall Telecommunications Lanka [via Worldcall Telecom Limited] Sri Lanka 70.65%
Worldcall Telecom Limited [WTL] Pakistan 56.80%
Omania e-commerce Oman 49.00%
Infoline Oman 45.00%
Oman Fiber Optic Company Oman 40.96%
Investments
Name  Country  Holding 
Arab Satellite Communications Organization Saudi Arabia 1.22%
Thuraya Telecommunications Company UAE 0.76%
FINCORP Oman Private Equity Fund -
Supervising Authority
Name  Country  Holding 
Telecommunications Regulatory Authority - Oman Oman -
 
 
 Representatives
Auditors
KPMG Oman  
Banks
BankMuscat Oman International Bank
Law Firms
Denton Wilde Sapte  
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  OMR'000 OMR'000 change (%)
Total revenues  412,297 416,597 1.04
Net profit  125,153 112,004 (10.51)
Total assets 693,621 686,413 (1.04)
Paid-up capital 75,000 75,000 0.00
Shareholders' Equity 420,520 458,959 9.14
Shares outstanding 750,000 750,000 0.00
Market capitalization 973,500 959,250 (1.46)
» View Full Financials
 
 
 
 
 
 

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Company information provided by © 2012 Zawya.

Zawya's analysts update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).

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