OMAN TELECOMMUNICATION  (OTEL) 

    Regular Market

    0.586 0.00% (0.000)

    Prev Close

    0.586

    Open

    0.586

    Bid

    Bid Volume

    Ask

    Ask Volume

    Performance More

    • Turnover 2,668
      High 0.588
    • Volume 4,550
      Low 0.586
    • Last Trade Price 0.588
      No of Trades 3
    • Last Trade Volume 700
      Close 0.586

    Equity Profile Established In: Aug 01, 1999

    Authorized Capital

    75,000,000

    Issued Shares

    750,000,000

    Paid up capital

    75,000,000

    Par Value/Share

    0.100

    News More

    Financial Reports More

    Foreign Investments More

    • Omani97.38%
    • Non Omani2.63%
    • GCC1.28%
    • Arab0.06%
    • Foreigner1.29%
    • Total100.00%

    Profile More

    • Profile

      Omantel is the pioneer of total communications solutions in the Sultanate of Oman. Omantel is the leading integrated telecommunications services provider and has the widest services with the broadest network coverage in Oman. The primary services include Fixed voice services, Fixed broadband, Enterprise data services, Mobile services and Wholesale services. Omantel is a major international hub in the submarine cable business. Omantel is the first and only GCC-based carrier to land a submarine cable in Europe. It has submarine investments in 14 major submarine cables systems and operations in 5 separate landing stations. Omantel’s global infrastructure provides direct access connectivity to more than 46 countries in Europe, Asia, Africa, the Middle East and North America and delivers terabits of capacity across distances of more than 10,000 km. Omantel’s share acquisitions in Zain resulted in it becoming the second largest shareholder with 21.9% shareholding. Since Omantel Group’s nominees comprise a majority of the Zain board of directors, IFRS 10 requires Zain’s financial results of operation and financial position to be consolidated with the financial results of the Group. As a result, Zain’s financial results of operation and financial position have been consolidated with the Group since 31 October 2017. The Zain Acquisition has further expanded the Omantel Group’s exposure to the broader MENA region and balances its pre-existing single-market exposure.

    Board Information

    • Chairman

      H.E Abdul Salam Mohamed Al Murshdi

    • Deputy

      Mr. Saud bin Ahmed Al Nahari

    • Secretary

      Mr. Saud bin Mansoor Al Mazrooei

    • Members

      1-Mr. Mehdi bin Mohamed Al Abduwani 2-Mr. Abdul Raheem bin Salim Al Harmi 3-Eng. Mattar bin Saif Al Mamari 4-Eng. Mohamed bin Hamed Al Maskri 5-Mr.Abdulkader bin Ahmed Asklan 6-Shikh.Aimen Ahmed AL-Hosni 7- Al Sayyid Zaki bin Hilal Al Busaidi

    Dividends More

     

    Year Cash Bonus Share Cut off Date

    LAST 20 TRADES

    TIME PRICE VOLUME

    SPECIAL TRADES

    TIME PRICE VOLUME

    Performance

    • Turnover 2,668
      High 0.588
    • Volume 4,550
      Low 0.586
    • Last Trade Price 0.588
      No of Trades 3
    • Last Trade Volume 700
      Close 0.586
    Activity

    Omantel is the pioneer of total communications solutions in the Sultanate of Oman. Omantel is the leading integrated telecommunications services provider and has the widest services with the broadest network coverage in Oman. The primary services include Fixed voice services, Fixed broadband, Enterprise data services, Mobile services and Wholesale services. Omantel is a major international hub in the submarine cable business. Omantel is the first and only GCC-based carrier to land a submarine cable in Europe. It has submarine investments in 14 major submarine cables systems and operations in 5 separate landing stations. Omantel’s global infrastructure provides direct access connectivity to more than 46 countries in Europe, Asia, Africa, the Middle East and North America and delivers terabits of capacity across distances of more than 10,000 km. Omantel’s share acquisitions in Zain resulted in it becoming the second largest shareholder with 21.9% shareholding. Since Omantel Group’s nominees comprise a majority of the Zain board of directors, IFRS 10 requires Zain’s financial results of operation and financial position to be consolidated with the financial results of the Group. As a result, Zain’s financial results of operation and financial position have been consolidated with the Group since 31 October 2017. The Zain Acquisition has further expanded the Omantel Group’s exposure to the broader MENA region and balances its pre-existing single-market exposure.

    Commercial ID

    1640747

    ISIN

    OM0000003026

    SubSector

    Telecommunication


    Article of Association
    Established In

    Aug 01, 1999

    Listed Date

    May 16, 2004

    Head Office

    Al Mawaleh

    Type

    Holding

    Fiscal Year

    Dec 31

    Period

    January December

    Total Employees
    • Omani : 2680
    • Non Omani : 268
    Number of Branches

    34

    AGM Date Mar 28, 2019 Update Date

    Aug 07, 2019

    Equity Profile

    Authorized Capital

    75,000,000

    Issued Shares

    750,000,000

    Paid up capital

    75,000,000

    Par Value/Share

    0.100

    Board Information

    • Chairman

      H.E Abdul Salam Mohamed Al Murshdi

    • Deputy

      Mr. Saud bin Ahmed Al Nahari

    • Secretary

      Mr. Saud bin Mansoor Al Mazrooei

    • Members

      1-Mr. Mehdi bin Mohamed Al Abduwani 2-Mr. Abdul Raheem bin Salim Al Harmi 3-Eng. Mattar bin Saif Al Mamari 4-Eng. Mohamed bin Hamed Al Maskri 5-Mr.Abdulkader bin Ahmed Asklan 6-Shikh.Aimen Ahmed AL-Hosni 7- Al Sayyid Zaki bin Hilal Al Busaidi

    Administration

    • Chief Executive President

      Mr. Talal bin Said Al Mamari

    • Internal Auditor

      Taghreed Abdulfattah Allawati

    • Managing Director

    • Legal Advisor

      Hamed Bin Mohammed AL-Hadhrami

    • Auditor

      Deloitte

    • Deputy of Executive President

    Contact Information

    Representative

    • Address
    • Telephone : 24244579
    • Mobile :
    • Fax : 24240102
    • Email ID :

    Company Contact

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    The source of the information in this page is from MCD

    Show All Companies Diviends


    Source: Muscat Clearing & Depository Co. (SAOC).


    Dividends will be distributed to shareholders during the legal period of 14 days from the date of the right.

    The values are updated...

    Foreign Investments

    Omani Non Omani GCC Arab Foreign


    Source: Muscat Clearing & Depository Co. (SAOC).

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