Merger between Omantel and Oman Mobile receives approval

The planned merger of Oman Telecommunications Company (Omantel) with the company’s wireless unit Oman Mobile has been approved at an extraordinary general meeting, Omantel has announced in a statement. The move forms the last step in the merger initiative that was first launched three years ago, when the operational activities of both companies were integrated into one unified operating model. ‘Enhancing the internal efficiency was one of the main objectives of the integration of the operational activities and we are glad that we have successfully implemented this through the synergy that was created between both company’s operations in functions like finance, human resources, procurements and network,’ commented Omantel’s CEO Dr. Amer bin Awadh Al-Rawas, adding: ‘The merger reaffirms our commitment to enhancing our customers’ experience which we will continue on through the introduction of more innovative products and expanding our network reach to cover different areas of the Sultanate.’ He said the merger is expected to be fully completed in the next few months.