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18-Aug-2016

Ooredoo Oman to invest a total of OMR60mn in network expansions in 2016

Ooredoo Oman plans to invest a total of OMR60mn in network expansions in 2016, according to the company’s CEO, Gerg Young. A significant portion of the amount would be directed towards enhancing the 4G network. Ooredoo Oman plans to connect a further 80,000 households to its fibre-optic network in 2017, bringing it to a total of 180,000 households. (Oman Observer)   Ooredoo Oman: OMR0.74 as of 17 August 2016, Rating: 0, FV: OMR0.00 per share, MCap: USD1,268mn, ORDS OM / ORDS.OM  

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