US EditionSurge in connected devices spurs Omantel revenue growth
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Surge in connected devices spurs Omantel revenue growth
Omantel revenue up to OR920m ‘Internet of Things’ growing Mobile subscriptions up Omantel, Oman’s largest telecommunications provider, reported a rise in revenue and profitability last year, helped by a strong surge in “Internet of Things” (IoT) subscriptions Revenue at the state-controlled telco rose 4 percent year on year in 2024 to OR920 million ($2.4 billion), driven by strong performance across its business lines. The company recorded sign…
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