The Oman wireless infrastructure market is competitive and witnessing growth at a faster pace, owing to rise of telecommunication sector in the country. The growing capital investments in the country’s telecom industry are enhancing the wireless infrastructure market capabilities for handling rising data volumes and increasing demand for high-speed connection by the users. The growing telecom market in Oman has obligated the competitors in the market to enhance their mobile internet services and value-added services.
The investments for developing fiber-based broadband infrastructure are increasing in the country and this is expected to fuel the growth of the market over the forecast period. Further, the liberalization of the telecom market is also expected to play a major role in driving the growth of the Oman wireless infrastructure market. Furthermore, the growing use of VoIP services in Oman is expected to increase the demand for smartphones in the country.
In 2017, major market players strengthened their strategies by undergoing mergers and acquisitions, owing to the announcement of the third Mobile Network Operator (MNO). For instance, in November 2017, Omantel completed the acquisition of Zain Group, a Kuwait-based telecommunication company.
The integration of wireless solutions in the oil & gas industry plays a major role in Oman’s economic development. The wireless infrastructure facilitates two-way communication between the corporates and the field level employees of the oil & gas industry. It provides a clear view of the scenarios in the field and the factors impacting the funds of oilfield operators.
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