Oman cancels tenders for third mobile licence

Major telco groups had expressed interest in the third MNO licence
Competition in Oman's telco market has increased over the years owing to market saturation and increase in MVNOs. (Image Source- Shutterstock)
Competition in Oman's telco market has increased over the years owing to market saturation and increase in MVNOs. (Image Source- Shutterstock)

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Oman's transportation and telecommunication ministry directed TRA Oman to cancel the current tenders for the country's third mobile licence, according to reports by Nasdaq. The ministry has decided the licence would be awarded to a consortium of local investment funds and an international operator.

Though further details about the timing of the licence aren't available yet, the decision is being said to be aimed at strengthening investment funds in the country.

Several operators including Zain, STC, Etisalat and Sudatel  had expressed interest in the licence. 

 

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