Zain Group & Omantel launch joint venture for wholesale telecom services
- Date: 15-May-2023
- Source: GCC Business News
- Sector:Industrial
- Country:Oman
Zain Group & Omantel launch joint venture for wholesale telecom services
Zain Group, a leading telecommunications operator providing services in seven markets across the Middle East and Africa, and Omantel, Oman telecom company, have launched a new joint venture (JV), Zain Omantel International (ZOI).
ZOI is an unprecedented JV that will establish itself as the Middle East’s premier international wholesale services provider, Omantel and Zain said in a joint statement.
This exclusive partnership aims to revolutionize the wholesale telecommunications sector by offering a unique proposition that combines the strengths of both parties to deliver unparalleled service and support to customers worldwide.
ZOI signifies a substantial advancement in the telecommunications industry and is poised to become a global powerhouse with Zain’s extensive regional presence and success in the retail and digital arenas, combined with Omantel’s exceptional wholesale capabilities and comprehensive international subsea and terrestrial networks.
Bader Al Kharafi
VC & Group CEO
Zain Group “This strategic value-enhancing partnership reflects the next stage of industry collaboration and advancement, and represents another significant milestone of our ‘4Sight’ profitable growth strategy. It also demonstrates our commitment to transforming the business and creating synergies while extending our reach and capabilities to provide the highest quality services to our customers. ZOI is ideally positioned to evolve into a significant international player on the