Omantel
Muscat-based telecommunications group listed on the Muscat Stock Exchange, serving consumer, enterprise and wholesale customers in Oman and holding Zain Group, with 2025 group revenue of RO 3,413.1 million (unaudited).
Industry: Telecommunications | Location: Muscat, Oman | Founded: 1999
About Omantel
Oman Telecommunications Company SAOG, known as Omantel, is a telecommunications and technology group headquartered in Muscat, Oman. It serves consumer, enterprise and wholesale customers, and its shares are listed on the Muscat Stock Exchange. Its annual report names United International Telecommunications Investment and Projects LLC as its parent.
According to the annual report, the General Telecommunications Organisation was established in 1980 under Royal Decree No. 43, and Omantel was incorporated as a closed joint stock company in 1999. In 2005 the government sold 30 percent of its stake and the company became a listed SAOG, and in 2014 it sold a further 19 percent. Aladdin Baitfadhil is chief executive and Qais Al-Zakwani is chairman, according to its investor relations pages in 2026. The 2024 annual report shows Talal Al Mamari as chief executive and Baitfadhil as chief commercial officer.
The 2024 annual report states that the group has more than 52 million subscribers across eight markets, including 3.54 million mobile subscribers in Oman, 2,297 5G sites and over 10,000 kilometres of fibre. Omantel holds a 40.2 percent mobile and 54.4 percent fixed broadband share in Oman. In 2024 it signed a strategic agreement with Amazon Web Services for national cloud capabilities, and the Oman National Cloud received accreditation from the Ministry of Transport, Communications and Information Technology.
Omantel acquired a stake in Zain Group in 2017, later raised to 21.9 percent through Oztel Holdings, and the report lists Zain among its subsidiaries. In 2023 it formed the joint venture Zain Omantel International, 74 percent owned by Zain and 26 percent by Omantel. Other deals include Oman Data Park, Infoline and a 2021 tower leaseback with Helios Towers covering 2,519 towers.
For 2025 Omantel reported unaudited group revenue of RO 3,413.1 million and net profit of RO 371.0 million, according to the Oman Observer. Net profit attributable to shareholders was RO 88.4 million. The group figures include Zain.
In August 2026 the investor relations site published results for the period ended 30 June 2026. TechScoop reported that Omantel and stc backed Shaffra's round of more than 10 million dollars.
Leadership
- Aladdin Baitfadhil, Chief Executive Officer
- Qais Al-Zakwani, Chairman
- Ghassan Al Hashar, Chief Financial Officer
- Samy Al Ghassany, Chief Commercial & Operating Officer
- Ali Hussein, Chief Strategy and Innovation Officer
- Ghalib Al Hosni, Chief People Officer