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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

MoUs inked for building, leasing telecom towers

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MUSCAT: Oman Tower Company (OTC) signed two memorandums of understanding with Oman Telecommunications Company (Omantel) and Omani Qatari Telecommunications Company (Ooredoo) to build, lease and manage assets of towers in the Sultanate in general.


The signing ceremony was held under the patronage of Dr Hamad bin Salim al Rawahi, CEO of Telecommunication Regulatory Authority (TRA).


Majid bin Amer al Kharousi, CEO of OTC, Talal bin Said al Maamari, CEO of Omantel, and Jim Maxell, Acting CEO of Ooredoo, signed the two memorandums.


Al Kharousi said that the signing of the MoUs for the construction of the towers is part of framing the government efforts to unify the infrastructure of inactive communications, pointing out that the two memorandums are a gateway to key agreements to be signed in January 2019 according to all contractual conditions and other conditions.


He said in a statement to Oman News Agency that the Oman Tower Company will build the towers to be leased to the two operators Omantel and Ooredoo, as well as the third operator when founded.


Meanwhile, Talal bin Said al Maamari, said that Omantel share of the market now stands at 56 per cent and that the company’s 4G network now covers 92 per cent of the inhabited areas at the different wilayats. He affirmed that 4G technologies meet the needs of individuals at least for the coming three years.


“Omantel investments at the 4G over the past three years stood at RO 120 million or 24 per cent of the total revenues of the company during the same period,” he added in a statement to ONA.


He pointed out that the MoU signed with Oman Tower Company, covers the technical issues of the infrastructure for the communication towers that will be provided by Oman Tower Company for the current or the future mobile operators.


In response to a question about the 5G, Omantel CEO said that the technology is one of the development stages for the radio technologies which provide mobile communication services. It is known for providing new technologies that can contribute to providing infrastructure for the new technologies used in smart cities projects, the autonomous cars and other projects related to such technologies which require high speed networks.


— ONA


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