Business Daily from THE HINDU group of publications
Monday, June 26, 2006

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

News Update as at 18.00 hrs (IST)

Global News / Markets
Pacts signed to make Oman global communication hub

DUBAI: An Oman-based telecommunication major has signed up with a Reliance Communications subsidiary to make the Gulf country a telecommunication link between the Middle East and Africa.

Omantel Executive President, Mr Mohammed Bin Ali Al Wahaibi and Executive President of Flag Telecom Company, Mr Point Garg signed the agreements. Mr Anil Ambani, Board Chairman of Reliance Communications, attended the ceremony.

One of the agreements is to make Oman a link between Africa and the Middle East in the Flag's loop cable project, relating to the extension of communication links to Egypt and Hong Kong via marine cables with multiple landings in the Gulf region.

Under the project, Omantel will seek to extend the African cable through a network of marine cables to converge at Seeb and Khasab in Oman.

The second agreement, to start in September, will be to make the country an Internet transit point, catering to 12 countries including members of the Gulf Cooperation Council. It will also provide lease circuit services as well as multi-party labelling system, the fastest in electronic telecommunication technology.

Mr Al Wahaibi said the signing of the MoUs was part of Omantel's keenness to boost its investments and to make the country a global communication hub. - PTI

Prev: Mustard oil drops on lack of support
Next: World Indices Report


Business Line | NUS Index |


In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line