(MENAFN) Amer al-Rawas, CEO of Omantel, expressed his concern of a coming price war with Rival Nawras, as international call rates continue to fall, Reuters reported.
A report issued by JP Morgan showed that fixed broadband prices in the sultanatae fell by up to 65 percent in two years, adding that which average mobile revenue per minute for Oman operators dropped 40 percent from the first quarter of 2010 to the second quarter of 2011.
Omantel and rival Nawras are considered the first telecoms operators in the Gulf to offer low-cost voice-over-IP (VoIP) international calls, which are effectively banned elsewhere in the region.
Omantel hosted mobile virtual network operators (MVNOs), including Friendi and Renna, which targets lower income expatriate groups, helping the telecom operator to increase market share to 59 percent in 2011 from 53 percent in 2008.
MVNOs now account for 12 percent of Oman's 4.8 million mobile subscriptions, according to the regulator.