Muscat Daily

Oman Broad­band, Nama Group sign strate­gic deal

- Business · Oman · Muscat · Ministry of Finance of the People's Republic of China · ICT Group

Oman Broad­band Com­pany and Nama Group have signed a strate­gic in­fra­struc­ture agree­ment and this part­ner­ship will be car­ried through all the elec­tric­ity dis­tri­bu­tion com­pa­nies which are mem­bers of Nama Group.

The sign­ing cer­e­mony took place on Thurs­day with the at­ten­dance of H H Sayyid Kamil bin Fa­had bin Mah­mood al Said, chair­man of Oman ICT Group at Oman Broad­band’s head-of­fice at Knowl­edge Oa­sis Mus­cat.

The main ob­jec­tive of the agree­ment is to en­able Oman Broad­band to use the mas­sive fiberop­tic in­fra­struc­ture that be­longs to Nama Group. This part­ner­ship will give Oman Broad­band ac­cess to use the elec­tric­ity net­work across the sul­tanate which will en­able it to reach more ben­e­fi­cia­ries.

The project will be im­ple­mented at the high­est lev­els of safety and sus­tain­able ac­cu­racy to en­sure that the elec­tric­ity net­work and its cus­tomers are not harmed, ac­cord­ing to a press state­ment is­sued by Nama Group.

The sign­ing cer­e­mony was at­tended by H E Sheikh Dr Man­soor bin Talib al Hi­nai, chair­man of the Au­thor­ity for Pub­lic Ser­vices Reg­u­la­tion, and Eng Said al

Man­thari, CEO of Oman ICT Group, along with rep­re­sen­ta­tives from both or­ga­ni­za­tions. The CEOs of the elec­tric­ity dis­tri­bu­tion com­pa­nies rep­re­sented Nama Group in the sign­ing cer­e­mony and Oman Broad­band Com­pany was rep­re­sen­ta­tive by its act­ing CEO.

Eng Bader al Zeidi, act­ing CEO of Oman Broad­band, said, “This part­ner­ship will en­able Oman Broad­band in the im­ple­men­ta­tion of the Na­tional Broad­band Strat­egy that was di­rected by the Min­is­ters Cab­i­net to Oman Broad­band in 2013. Fur­ther­more, this part­ner­ship is also in line with the Min­istry of Fi­nance's cir­cu­la­tion to all gov­ern­ment bod­ies with re­gards to is­su­ing guide­lines that reg­u­lates the use of pas­sive net­work in­fra­struc­ture.”

The uti­liza­tion of Nama Group's fiberop­tic net­work will con­trib­ute to­wards avoid­ing dou­ble in­vest­ments on sim­i­lar projects as well as pos­i­tively in­crease the pace of projects and achieves bet­ter fi­nan­cial re­turns and cost cut­ting.

It is ex­pected that this part­ner­ship will con­trib­ute to­wards sav­ing be­tween RO8,000RO10,000 per kilo­me­ter us­ing the in­fra­struc­ture of Nama Group that ex­tends to more than 74,000 kilo­me­ters.

Zeidi said that this part­ner­ship will em­power Oman Broad­band to ac­cel­er­ate the spread of broad­band ser­vices across the sul­tanate through adapt­ing dif­fer­ent tech­nolo­gies to achieve the Na­tional Broad­band Strat­egy. Oman Broad­band is cur­rently work­ing on has­ten­ing the spread of its fiberop­tic net­work FTTH as well as us­ing the lat­est satel­lite tech­nol­ogy for ar­eas with low den­sity.

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