Omantel has launched a new subsidiary to support the roll-out of a nationwide Internet of Things (IoT) network, as reported by the Oman Daily Observer. Internet of Things LLC is a partnership between Omantel (55 per cent) and SIGFOX (45 per cent). Both companies have pledged to provide IoT network coverage extending to around 85 per cent of the Sultanate’s population by end-2017.
In the Sultanate, IoT networks will likely be employed in the short term in, among other things, smart metering of electricity and water consumption, energy conservation and efficient billing, and in the long term, in the creation of smart homes, offices and apartment blocks, and so on.
“(Internet of Things LLC) is engaged in the development of applications and services across a wide spectrum of smart, connected objects and M2M (machine to machine) communications. The commercial operation is expected to start in 2017,” said Sultan Hamdoon al Harthy, chairman of Omantel’s Board of Directors, in a report of Omantel’s financial performance for the three months ended September 30, 2016.