Omantel IR Podcast

Welcome to the Omantel IR Podcast. In this H1 2025 episode, we explore Omantel's powerful transformation from a traditional telecom operator into a diversified, technology-first powerhouse. We’ll break down a half-year defined by exceptional international growth, strategic domestic investments, and a remarkable 46% surge in group net profit, all set against the backdrop of Oman's strengthening economy. What’s Inside This Episode: Oman's Economic Resilience:     *   A look at the strong macroeconomic foundation, including a debt-to-GDP ratio drop to 35% and sovereign credit rating upgrades to investment-grade.     *   Details on the new personal income tax reform aimed at diversifying fiscal revenue.Group Financial Highlights (H1 2025):     *   Group Revenue grows 9.5% year-on-year to RO 1,609.8M.     *   Group Net Profit jumps 46.2%, driven by outstanding performance from Zain Group.     *   Net Profit attributable to Omantel shareholders increases by a healthy 25.5%.International & Diversified Verticals Powering Growth:     *   ZOI (Zain Omantel International) revenue surges an incredible 324% year-over-year.     *   Zain Fintech continues its strong trajectory with 28% revenue growth.     *   ZainTech nearly doubles its revenue with 94% growth, fueled by regional demand for digital transformation.Domestic Operations: Investing for the Future:     *   Solid top-line growth with domestic revenue up 7.9%.     *   Domestic net profit dip of 9.5% explained by a RO 5.4M increase in depreciation from aggressive investments in 5G and network infrastructure.Strategic Initiatives & Developments:     *   Future-focused R&D partnership to trial 50GPON fiber technology.     *   Activation of the Oman Emirates Gateway subsea cable to enhance regional connectivity.     *   Positive impact of the government's reduction of the royalty rate on mobile services.Financial Position & Capital Allocation:     *   CAPEX up 48.5% to RO 54.5M, targeted at 5G expansion and platform upgrades.     *   Robust financial health with a Net Debt to EBITDA ratio of 3.49x and strong credit ratings from Moody's and Fitch.Commitment to Sustainability & Social Impact:     *   Progress on the Net-Zero 2050 roadmap and a 12.38% reduction in Scope 2 emissions.     *   Significant contribution to the local economy with 87.6% of procurement spent with Omani suppliers and a 94.3% Omanisation rate.Disclaimer: This podcast features AI-generated content and is for informational purposes only—it does not constitute investment advice.Produced by ©Quarterbite™ and the Euroland IR team. All rights reserved. Unauthorized reproduction or distribution in any form is strictly prohibited.

In this episode of the Omantel IR Podcast, we review Omantel’s full-year 2024 performance. We dive into Group-level results, the domestic market outlook, and key contributions from Zain Group. Hear how Omantel is advancing its transformation from a traditional telco into a techco, with strategic initiatives across 5G, cloud, fintech, and data centers. Learn about revenue growth, profitability trends, market share highlights, and the company’s strong financial position – including a successful Sukuk issuance and improved credit ratings. Plus, get insights into future dividend policies and Omantel’s role in shaping Oman’s digital future.  📈 Key Highlights:Group revenue grew by 3.0%, reaching RO 3,030.1 millionDomestic revenue rose 2.7%, driven by mobile postpaid and fixed broadbandNet Profit attributable to shareholders increased by 4.4% to RO 78.1 millionZain Group posted 15% normalized profit growth, RO 259.8 millionSN1 data center launched in Salalah in partnership with EquinixSuccessful $500 million Sukuk issuance; Moody’s and Fitch upgradesCapex rose 2.0%, focused on 5G and 4G network expansionZOI wholesale revenues surged 455%, reaching $200 millionStrong dividend outlook: Zain to maintain 35 fils/share through 2028Transformation pillars: 5G, national cloud, sovereign cloud, fintech (OMPay), and innovation labsDisclaimer: This podcast features AI-generated content and is for informational purposes only—it does not constitute investment advice.Produced by ©Quarterbite™ and the Euroland IR team, all rights are reserved. Unauthorized reproduction or distribution in any form is strictly prohibited. 

In this episode, we dive into Omantel’s Q3 2024 financial performance and strategic moves shaping its future.📈 Key Highlights:Revenue Growth: Up 2.2% to 2,239.9M Omani Rial, signaling strong momentum.EBITDA Decline: Down 2.9% to 755.7M Omani Rial, with strategic investments underway.Net Profit Drop: Down 31.3% to 187.5M Omani Rial, mainly due to last year’s one-off gain from the Zain KSA tower sale.Domestic Strength: Revenue (excluding device & transit voice) grew 2.2%, with 49,000 new subscribers, reinforcing local market retention.Credit Upgrade: Moody’s boosted Omantel’s rating from Ba2 Positive to Ba1 Stable, reflecting financial stability.Zain Group Impact: Growth in KSA, Iraq, and Kuwait, though offset by challenges in Sudan.Infrastructure Investment: Capex-to-revenue ratio at 15.1%, showcasing continued network expansion.Industry Recognition: Omantel received the CX Leader Award, emphasizing customer experience excellence.🚀 Future Vision & Investments:Expansion into AI, cloud services, and space technology to lead in the digital era.Key projects: Peace Cable, Africa-1, KSA Terrestrial Network, Blue Raman Cable—enhancing global connectivity.Dhofar Governorate as a core hub for attracting international investments and economic growth.Disclaimer: This podcast features AI-generated content and is for informational purposes only—it does not constitute investment advice.Produced by ©Quarterbite™ and the Euroland IR team, all rights are reserved. Unauthorized reproduction or distribution in any form is strictly prohibited.

In this episode, we break down Omantel’s Q2 2024 financial results and strategic moves in a rapidly evolving telecom landscape.📈 Key Financial Highlights:Group Revenue Growth: Up 2.1% YoY to 1,469.6M Omani Rial, fueled by growth in KSA, Iraq, and Kuwait.EBITDA Decline: Down 4.4% to 487.4M Omani Rial, significantly impacted by the Sudan crisis.Net Profit Drop: Down 46.8% to 110.2M Omani Rial, due to Sudan's challenges and the absence of a one-time KSA tower sale gain from 2023.🏠 Domestic Market Performance:Core Business Revenue: Down 2.5% to 297.7M Omani Rial, though fixed revenue grew 3.6%.Subscriber Strategy: Despite a 4.9M decrease in Zain Group’s subscriber base (mainly due to Sudan), Omantel is focusing on high ARPU customers and successfully transitioning prepaid users to postpaid plans.🚀 Strategic Investments & Future Growth:Major Tech Partnerships: Collaborating with Amazon, Google, and Microsoft to accelerate digital transformation.Space Industry Expansion: Acquiring a 25% stake in Etlaq, a space launch infrastructure company.Increased Capex: Up 14.7% YoY, reinforcing Omantel’s long-term investment strategy.📢 What to Watch:The evolving Sudan crisis and its financial impact.Domestic competition and market positioning.Omantel’s digital transformation strategy and global expansion.Disclaimer: This podcast features AI-generated content and is for informational purposes only—it does not constitute investment advice.Produced by ©Quarterbite™ and the Euroland IR team, all rights are reserved. Unauthorized reproduction or distribution in any form is strictly prohibited.

Omantel’s Q1 2024 financial results highlight a company in strategic transition, balancing challenges with forward-thinking investments. In this episode, we break down the key numbers, market trends, and the bold moves shaping Omantel’s future.📊 Q1 2024 Financial Highlights:Revenue Decline: Slight dip to 728.1M Omani Rials, though core revenue (excluding devices & transit voice) grew 0.2%.Net Profit Drop: Down to 40.6M Omani Rials, impacted by a one-time gain in the previous year.🔑 Operational & Market Highlights:Fixed Line Growth: Up 2.3%, signaling resilience in core telecom services.Subscriber Migration: 24,000 customers successfully transitioned from prepaid to postpaid, boosting revenue stability.International Expansion: Launch of Zain Omantel International (ZOI) to strengthen Omantel’s global presence.Infrastructure Investment: Major investments in subsea cables to enhance connectivity.🚀 Strategic Diversification & Innovation:Space Industry Expansion: 25% stake in Etlaq, a space launch infrastructure company, marking Omantel’s entry beyond traditional telecom.Technology Leadership: Partnerships with AWS, Google Cloud, Microsoft, and Huawei to accelerate digital transformation.Innovation Fund: 12M Omani Rial fund with the Oman Investment Authority to support tech startups.💡 Why Investors Should Pay Attention:Strong cash position of 298.1M Omani Rials ensuring financial stability.Focus on premium network quality and value-added services amid rising competition.A clear digital transformation roadmap positioning Omantel as a leading technology player in the region.Disclaimer: This podcast features AI-generated content and is for informational purposes only—it does not constitute investment advice.Produced by ©Quarterbite™ and the Euroland IR team, all rights are reserved. Unauthorized reproduction or distribution in any form is strictly prohibited.