The project is expected to stimulate growth in the Omani fixed-line market, which at the moment has a penetration level of only 10%.
The Nawras Consortium was formed as a joint venture between Omani Qatari Telecommunications Company, which operates under the brand name Nawras and is the second mobile operator in the Sultanate of Oman, TDC Qtel MENA Investcom, which is a joint venture between TDC Mobile International A/S whose parent company TDC has fixed and mobile operations in six countries, Qtel, which is one of the largest telecommunications operators in the Middle East and Qatar Telecom Q.S.C., one of the largest telecommunications operators in the Middle East, which has fixed and mobile operations in 14 countries.
The Trowers & Hamlins team was led by Abdullah Mutawi, partner and head of the International Telecoms team, who drew on the expertise of the firm's telecoms regulatory and corporate lawyers from across its Bahrain, Oman and London offices.
Abdullah Mutawi was primarily assisted by senior telecoms regulatory associate Agne Makaskauite, senior corporate associate Saleem Adam and junior corporate associate Emma Oxlade with some support from other lawyers in London and Oman as well.
Trowers & Hamlins currently has the largest dedicated and specialised corporate and regulatory telecoms team present in the Middle East region.
The team has a particularly strong focus on telecommunications M&A and licence acquisition deals and advised on over $10bn of telecom M&A in 2007 alone.
Comments Abdullah Mutawi:
"We are very proud to have been involved in such a significant deal for Nawras and one which has significantly added to their already rapidly expanding business and the breadth of their telecommunications services. This builds on a long and successful relationship with the client which we have been advising since its inception."
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