Oman’s telecom sector revenue rises 2% to RO855mn

According to TRA’s recently released 2017 annual report, revenue growth in Oman’s telecom sector was nearly two per cent in 2017, much lower compared with 5.5 per cent growth witnessed in the previous year.

Total revenue in the sector stood at RO854.58mn in 2017 compared to RO838.75mn in the previous year. The growth in the sector had touched a record of nearly ten per cent in 2015, after that growths have been declining continuously.

The TRA report showed that mobile services accounted for the vast majority (around 70 per cent) of total revenue generated in 2017 in the sector, followed by fixed-line revenues, which stood at 29 per cent of the total. Other services accounted for just one per cent of total revenue.

The average revenue per mobile subscription also fell for the second straight year to RO7.2 in 2017 compared to RO7.3 in the previous year. Similarly, the average revenue per fixed telephone subscription continued to fall to touch lowest level of RO4.1 by end of 2017. The revenue per fixed-line stood at RO7.1 in 2013 and since then the revenue has been continuously falling.

The report showed that total royalty collected by the government from active licensees for the year 2017 rose to RO53.92mn from RO51.93mn in 2016.

Muscat Daily Contribution Time: 30-Aug-2018 08:07 (GMT)
Muscat Daily Last Update Time: 30-Aug-2018 08:07 (GMT)