Oman Telecommunications Company (Omantel): Business Overview, Financials & Competitive Analysis
Oman Telecommunications Company (Omantel) scores 7/10 on the AskCyborg Cyborg Score (Strong). Market leader with strong profitability growth, strategic regional holdings, and first-mover advantage in 5G positioning Omantel for sustained returns despite competitive pressure. Net profit rose 88 percent in 2025 to OMR371 million ($974 million) driven by domestic operations and higher customer subscriptions. Strong market position as incumbent leader.
What is Oman Telecommunications Company (Omantel)'s industry? Oman Telecommunications Company (Omantel) (omantel.om) operates in Telecommunications Services. AskCyborg classifies Oman Telecommunications Company (Omantel) under Telecommunications Services in its company registry.
Omantel is the first telecommunications company in Oman and is the primary provider of internet services in the country. The company offers mobile voice and data, fixed line services, internet services, ICT services, ...
Cyborg Score thesis
Market leader with strong profitability growth, strategic regional holdings, and first-mover advantage in 5G positioning Omantel...
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Get Current Report FreeOman Telecommunications Company (Omantel) Overview
Pro stress-test →Omantel is the first telecommunications company in Oman and is the primary provider of internet services in the country. The company offers mobile voice and data, fixed line services, internet services, ICT services, broadband services, data center services, managed services, home internet plans, and 5G services. The government of Oman owns a 51% share in Omantel.
Strategic Profile
Pro stress-test →Omantel is Oman's largest telecommunications provider by market share with strong regional expansion through a 21.9 percent stake in Kuwait's Zain Group and a joint venture called Zain Omantel International. Omantel is the first telecommunication operator in Oman to launch a 5G network.
Competitive Landscape
Pro stress-test →Omantel has three main competitors: Qatar's Ooredoo, Vodafone and the domestic Awasr but as the former incumbent has retained the largest market share by customer. Other competitors include Ooredoo Oman, Zain Group, Emirates Telecommunications Group, and Etihad Etisalat (Mobily).
Industry Context
Oman Telecommunications Company (Omantel) operates in Telecommunications Services.
Key facts
Founded: 1970 · Headquarters: Muscat, Oman · Revenue: $8.5B · Market cap: $2.34B