Economy
Oman Tower Company to build, manage towers for telcos
Oman Tower Company (OTC) signed two memoranda of understanding (MoUs) with Oman Telecommunications Company (Omantel) and Omani Qatari Telecommunications Company (Ooredoo) to build, lease and manage assets of towers in the Sultanate in general.
The signing ceremony was held under the patronage of Dr Hamad bin Salim Al Rawahi, CEO of the Telecommunication Regulatory Authority (TRA).
Majid bin Amer Al Kharousi, CEO of OTC; Talal bin Said Al Ma’amari, CEO of Omantel; and Jim Maxell, Acting CEO of Ooredoo, signed the two MoUs.
Al Kharousi said that the signing of the two MoUs for the construction of the towers is part of the government’s efforts to unify the infrastructure of inactive communications, pointing out that the two memoranda are a gateway to key agreements to be signed in January 2019 according to all contractual conditions and other conditions.
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