Oman Tower Company (OTC) has signed two pacts with Omantel and Ooredoo to build, lease and manage assets of towers in the sultanate.
The signing ceremony was held under the patronage of Dr Hamad bin Salim al Rawahi, CEO of Telecommunications Regulatory Authority (TRA).
Eng Majid bin Amer al Kharousi, CEO of OTC, Talal bin Said al Ma'amari, CEO of Omantel and Jim Maxell, Acting CEO of Ooredoo, signed the pacts.
Eng Kharousi said that the signing of the two memoranda of understanding for the construction of the towers is part of framing the government efforts to unify the infrastructure of inactive communications. He pointed out that the two memoranda are a gateway to key agreements to be signed in January 2019 according to all contractual conditions and other conditions.
In a statement to Oman News Agency, Eng Kharousi said that the Oman Tower Company will build the towers to be leased to the two operators Omantel and Ooredoo, as well as the third operator when founded.
Talal bin Said al Ma'amari, CEO of Omantel said that the Memorandum of Understanding signed with OTC, a specialised company in the operation, maintenance and management of communication towers, covers the technical issues of the infrastructure for the communication towers that will be provided by OTC for the current or the future mobile operators.
In response to a question about the 5G, Ma'amari said that the technology is one of the development stages for the radio technologies which provide mobile communication services. 'It is known for providing new technologies that can contribute to providing infrastructure for the new technologies used in smart cities projects, the autonomous cars and other projects related to such technologies which require high speed networks.'
Source: https://menafn.com/1097901897/Oman-OTC-signs-agreements-to-build-lease-and-manage-telecom-towers