Ooredoo Oman has announced that its licence to provide fixed and mobile telecoms services has been renewed through a Royal Decree following approval from the Telecommunications Regulatory Authority (TRA). Early last year the regulator finalised the procedures for the renewal of the Class 1 licences of both Oman Telecommunications Company (Omantel) and Ooredoo Oman. The former’s concession was extended for a period of 15 years – commencing on 11 February 2019 – for a cost of OMR75 million (USD194 million), while Ooredoo’s licence was also extended for 15 years – valid from February 2020 – at a price of OMR75 million.
‘We’re delighted to have our mobile licence renewed, which is the result of much work and negotiation that takes place behind the scenes,’ commented Ian Dench, CEO of Ooredoo Oman, adding: ‘Our thanks go to the Ministry of Technology and Communications, the TRA, the Ministry of Legal Affairs and the Ministry of Finance for their support and input. We’re looking forward to making sure our mobile customers can continue enjoy the internet.’