(MENAFN- Muscat Daily) Muscat- Omantel, the first provider of integrated telecommunications services in the sultanate, has signed a memorandum of understanding (MoU) with the Oman Technology Fund (OTF).
The MoU will explore potential areas of partnership in developing new technology for entrepreneurs in the sultanate.
The MoU was signed by Talal bin Said al Mamari, CEO of Omantel and Eng Yousuf bin Ali al Harthy, CEO, Oman Technology Fund. The MoU covers partnerships in new high-value and high-growth areas, including collaboration on new technology products, e-Services and advanced technologies to enhance the overall digital eco-system in the sultanate. The MoU will also develop innovative products and services, promote digitisation of the industry and enable an eco-system that encourages the development of tech entrepreneurship.
Mamari said, 'We are pleased to sign this partnership with Oman Technology Fund in line with our commitment to supporting young entrepreneurs and high impact firms offering cutting-edge technology solutions. This collaboration reflects our vision and continued efforts in providing innovative services and propositions across all sectors to support the government's digitalisation agenda and enhance performance efficiency in accordance with Omantel's 3.0 strategy. The MoU with OTF is one of our benchmark initiatives since the fund is predicated on developing innovative services and solutions that contribute to enhancing the technology sector across the sultanate.'
Eng Harthy said, 'We are proud to partner with one of the most dynamic and innovative telecommunications companies in the region. As part of the MoU, the Oman Technology Fund and Omantel will work together to promote and invest in the creation of new technological solutions and help entrepreneurs accelerate their business. Oman is increasingly adopting more digital solutions across business verticals and we are very excited to be part of this growth story.'
As demand for mobile and fixed broadband services continues to rise across the sultanate, Omantel is investing heavily in network expansion and modernisation. Guided by the Omantel 3.0 transformation strategy, the company continues to innovate, streamline and revolutionise its digital smart home and business services. Positioned as the digital partner of choice in the consumer arena as well as for public and private sector businesses, Omantel is enabling the digital society to flourish and grow across all sectors.
MENAFN2203201701410000ID1095336955
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.