FINANCIAL NEWS

Oman’s Samatel outlines expansion plan

23 Aug 2010

(MENAFN) Muscat-based Samatel, the Gulf�s newest mobile operator, has announced further details of its expansion plans shortly after launching its operations in Oman earlier this month, Times of Oman reported.

The mobile virtual network operator (MVNO) entered the already-crowded Oman market where mobile penetration is estimated at 147 percent. It is the sixth mobile brand on offer in the Sultanate, and will use Nawras� network.

The number of mobile customers in Oman reached 4.21 million by the end of March this year, with the MVNO share of that market reaching 7.1 percent.

MVNOs are not allocated a specific frequency, instead buying up airtime from network operators and selling it on to its own customers.

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