Incumbent Omantel’s Islamic bond issue process is now underway, it is understood.
The sukuk, approved by shareholders earlier this week, is valued at a confirmed OMR50m (US$129.8m).
Omantel competes with Ooredoo’s local unit as well as MVNOs.
It…
Incumbent Omantel’s Islamic bond issue process is now underway, it is understood.
The sukuk, approved by shareholders earlier this week, is valued at a confirmed OMR50m (US$129.8m).
Omantel competes with Ooredoo’s local unit as well as MVNOs.
It reported FY 2014 revenue of OMR481.2m (US$1.25bn), with an EBITDA of OMR211.6m (US$549.6m).
