September 2019, Muscat : A new mobile operator is set to provide services in the Sultanate. The Oman Future Telecommunication Company (OFT) complied with the Oman Ministry of Transport (OFT) requirement of launching 3G services by signing a strategic partnership agreement with British company, Vodafone, to be established in the Sultanate.
The agreement aims to provide all basic services for the operation of the new company, including the use of the trade brand, technical support and knowledge and operational support during the 15-year contract period.
Mr. Diego Mesida, CEO of Vodafone Global Markets, said, “We will build Vodafone Oman to provide the best possible customer experience in the Sultanate.”
In accordance to the strategic partnership agreement with Vodafone, the third operator will join the Vodafone Global Partnership Program, which offers a variety of Vodafone special services, while Vodafone will not own a shareholding in the capital of the new company.
Itqan Technical Development Company, joined by OFT under the umbrella of Oman 70 Holding Company, has led the business alliance to establish the third telecom operator. It includes a number of government pensions and investment funds, as well as private investors.
Commenting on this event, Sayyid Fahad Bin Abdulaziz Al Busaidy, a representative of Itqan Technical Development Company, said, “Oman Future Communications Company, through its strategic partnership with Vodafone, aims to provide distinguished communications services.” He also Indicated that the third mobile operator will commence its services in 2020.
A board of directors for the new company is planned to be formed later, in addition to completing the other required procedures in order to obtain the license of the third mobile operator from the Telecommunication Regulatory Authority (TRA).