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Get up-to-date news on Omantel Innovation Labs
07 Jul 2021
Muscat, July 07, 2021 - Omantel, the leading telecommunications company in Oman and a key role-player in MENA, is excited to announce the launch of the Omantel Innovation Labs, which will contribute to Oman’s Vision 2040 and promote innovation and entrepreneurship in new and emerging technologies. Under this new initiative, Omantel will leverage its expertise, partnerships, reach, and access to technology to build a tech-based startup ecosystem.
08 Mar 2022
The winning idea, from two young Omanis, Ammar Al Badi and Khalad Al Badi, was selected from 170 ideas that were submitted the Omantel Big Data hackathon, which was held from January 26 to 29. The event was open to all ideas on big data for the telecommunication industry with a focus on five key areas: 1. data monetization 2. Predictive analytics 3. Customer engagement 4. Lifetime value prediction 5. Customer sentiment analysis.
22 Feb 2022
Muscat - February 22, 2023: AirGo, an Omani startup in Cohort 2 of Omantel Innovation Labs, is set for expansion into the promising market of Saudi Arabia, with the signing of an investment agreement with Forming Future to raise $2.7 million seed round.
13 Sep 2022
Muscat – 13th September 2022: The Central Bank of Oman (CBO) signed a Memorandum of Understanding (MoU) with Oman Telecommunications Company (Omantel) on Tuesday, September 13th, 2022 at Omantel Headquarters to conduct an Accelerator Program in order to enable fintech startups in the Sultanate of Oman.
24 Oct 2022
Muscat, 24 OCT, 2022: Omantel, the leading provider of integrated telecommunication services in the Sultanate of Oman, has launched an in-house program for employees who submit innovative ideas that could be converted into solutions or projects, offering them rewards like the opportunity to join a world-class accelerator, potentially gain funding, and get one year of paid or unpaid leave.
31 Dec 2022
Muscat, December 31, 2022: Omantel, the leading provider of integrated telecommunication services in the Sultanate of Oman, has announced the names of the Omani startups selected for the 2nd cohort of the Omantel Accelerator programme managed by the Omantel Innovation Labs.
31 Jan 2023
Muscat - January 31, 2023: The Central Bank of Oman and Omantel, the leading provider of integrated telecommunication services in the Sultanate of Oman, have joined hands to deliver a six-month accelerator program dedicated to nurturing and empowering fintech start-ups.
13 Jun 2023
Muscat, June 13, 2023: Omantel, the leading provider of integrated telecommunication services in the Sultanate of Oman, hosted the UK Oman Digital hub pilot programme to allow Omantel Innovation Labs startups access to deep-dive sessions on cyber security awareness, providing tips on how to protect against supply chain risks, how to develop a cyber security ‘culture’ and on how to test new solutions quickly and securely.
07 Jun 2023
Muscat – June 7, 2023: Omantel, the leading provider of integrated telecommunication services in the Sultanate of Oman, has invested in byanat's Seed Funding Round to expand the provision of data analytics solutions through a software-as-a-service (SaaS) analytics platform for telecommunications operators and service providers. The funding round featured participation from 500 Global in collaboration with Sanabil Investments, an investment fund owned by the Public Investments Fund (PIF) in the Kingdom of Saudi Arabia, and Al Jabr MENA, a startup development and innovation firm. This funding is set to expedite byanat's technology and product development and enable entry into the Saudi market.
