On Thursday, global telecom giant Vodafone announced a strategic partnership agreement with Oman Future Telecommunications (OFT) to enter the sultanate’s telecom market.
‘Under the non-equity agreement, both companies will work together to roll out a new mobile network and develop a number of new services using the Vodafone brand in Oman to drive the next stage in the development of the country’s telecommunications market,’ Vodafone said in a statement.
In a press statement released by Omantel, its chief executive officer Talal al Mamari welcomed the step taken by Oman Future Telecom to sign a partnership agreement with Vodafone and the expected launch of the third mobile operator service next year.
Mamari reiterated Omantel’s commitment to support the development of the telecom sector in the sultanate by offering its robust and widespread infrastructure as well as capacities through Omantel’s extensive international network of submarine cables.
“Entry of the third mobile operator will contribute to offering wider choices to customers, a key focus area that has been given utmost priority by Omantel since its launch,” the statement quoted Mamari as saying.
Industry experts believe that the entry of the third operator in the country could provide more choices to consumers and it will also result in increased competition among telecom companies thus putting additional pressure on margins of telecom companies.