Middle East Economic Survey


No 26



Qtel Consortium To Invest $1.7bn In Oman Mobile Sector After Winning License

The Tender Board in Oman announced on 21 June that the Nawras Telecom Consortium, formed by Qatars Qtel, Danish firm TDC Mobile International and Omani partners, had won the public tender for the second mobile license in Oman. To secure the license Nawras Telecom will make a one-off payment to the Oman government of OR40mn ($104mn). It also plans to invest...