DUBAI
Kuwait’s Zain Group and Saudi Telecom Co (STC) have both applied to become the third mobile operator in Oman as the country’s regulator looks to award its first licence since 2004. Zain announced on the Kuwait bourse on Tuesday that it had submitted an offer to bid for the licence.
Rival STC had confirmed its application a day earlier. The shortlist of qualified applications will be announced on August 14, with the winning bid to be announced on September 4, according to statements from the companies. Oman’s Telecommunications Regulatory Authority (TRA) said last year that it was inviting bids for what will be the first mobile network operator licence Oman has awarded since Ooredoo Oman, then branded Nawras in Oman, started operations in the country in 2004.
