Ooredoo acquires 4G LTE spectrum at $24m
MUSCAT, August 4, 2015
Ooredoo has acquired additional LTE (4G) spectrum at RO9.6 million ($24.8 million), which will boost its 4G network capabilities.
The 800/2600 spectrum acquisition has been funded out of the operator’s operating cashflow and will bring better indoor coverage to customers as well as significantly faster download speeds for those wanting to access movies, games, music and much more, said a statement.
The spectrum addition fits well with Ooredoo’s network modernisation strategy, which has paved the way for this new frequency and capacity to be added seamlessly.
Bringing service quality, this latest boost will bring benefits to customers and enhance Ooredoo’s already award-winning customer experience.
It will also provide an enhancement to Ooredoo’s extensive network modernisation programme, which has been underway for the last three years.
As part of this acquisition, Ooredoo have worked closely with the TRA to design a solution that will bring national benefits through the planned expansion of the network into new locations, with a focus on providing coverage to more remote areas of the Sultanate.
These investments will deliver social benefit to all regions of Oman.
Greg Young, chief executive officer, said: “One of our aims is to provide innovative and best-in-industry technology and services to our customers. This new spectrum will significantly boost indoor 4G coverage and enable its cost effective and faster expansion outside of city areas.
“Our customers will be able to use 4G in many more areas and benefit from higher data speeds. With this, we will be providing a whole new online experience.
“We have also driven the expansion of services into remote communities and played a leading role in expanding telecommunication services into rural areas. We look forwarding to continuing to change the telecommunication landscape in these regions.”
Ooredoo had already showcased its 4.5G technology at the Salalah Festival this year, where speeds of up to 200 Mbps have been demonstrated.
“This additional investment future-proofs our network investment with the necessary spectrum to underpin cost effective capacity increases to keep pace with accelerating 4G demand, and the introduction of 4.5G will deliver an even faster user experience,” Young added. - TradeArabia News Service
