Home NewsOmanOmantel Q3 net up 28pc; revenue soars to $5.6bn

Omantel Q3 net up 28pc; revenue soars to $5.6bn

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Oman Telecommunications Company Group has reported significant growth for the nine months ended September 2023, with its net profit surging by 28.7% to hit RO251 million ($650 million) compared to the last year’s figure of RO195 million ($505 million), while its group revenue grew 10.6% from RO1.8 billion ($4.6 billion) to RO2.19 billion ($5.6 billion).

 

At the level of domestic operations, Omantel’s revenues grew by 8.2% to reach RO458.1 million, compared to the corresponding…



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