Oman mulls Omantel stake sale in 2010

18 January 2010

Ahmed Mekki, Oman's minister of national economy, has said that the Sultanate may revive its plan to sell a 30% stake in Oman Telecommunications Co. to a long-term investor in 2010, Reuters has reported. 'We are waiting for the global market to recover so we can start looking for a strategic investor again for Omantel,' the minister told the news service.

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