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Oman picks 8 firms for telecom stake

Oman: Tuesday, August 19 - 2008 at 07:45

Oman plans to ask eight telecom operators from Europe, Asia and the Middle East to submit initial proposals for a 25% stake in Oman Telecommunications (Omantel), reported Reuters. Oman, which owns 70% of Omantel, is selling the stake to help strengthen the telecom firm's market position.

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Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, August 19 - 2008 at 07:45 UAE local time (GMT+4)

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