Oman Telecommunications Company SAOG (Omantel) has announced a robust set of unaudited financial outcomes for the year ended 31 December 2025, with Group net profit rising 87.7 percent to RO 371.0 million as compared to 2024, which stood at RO 197.7 million.
The remarkable rise in profitability was supported by the better EBITDA performance in all its operations, with the accounting influence of hyperinflation adjustments around its Sudanese subsidiary.
The group revenue surged 11.4 percent year-on-year to RO 3,413.1 million, compared with RO 3,062.7 million in the previous year. EBITDA surged 10.6 percent to RO 1,155.4 million, while the EBITDA margin remained robust at 33.9 percent.
The net profit available to shareholders of the parent company improved by 63.1 percent to RO 88.4 million compared with RO 54.2 million the previous year. The non-controlling interests contributed to the total profit of RO 282.6 million.
Omantel indicated that the adoption of IAS 29-Financial Reporting in Hyperinflationary Economies applied to its operations in Sudan had a positive effect on its 2025 outcomes.
The accounting adjustment gained reported revenue by RO 45.9 million, EBITDA by RO 25.7 million, and net profit by RO 19.2 million during the year. Net income attributable to shareholders rose by RO 4.2 million as a result.
The standard also necessitated restatement of 2024 comparatives, whereby the 2024 Group net profit disclosed in the previous period was decreased by RO 109.1 million to RO 197.7 million, mainly by impairment loss on assets.
Omantel performed well in maintaining the top line domestically. Domestic operations increased revenues by 8.6 percent to RO 676.1 million, with much of this increase in telecom revenues of RO 36.7million.
The fixed revenues showed an increment of 4.2 percent, the device revenues were up by 20.5 percent, and the wholesale revenues were up by 10.4 percent.
The company also stated on its continued advancement in the TechCo strategy, as Smart Solutions revenues continued to grow by RO 6.7 million, and hosting and cloud services grew by RO 9.5 million, which represents additional diversification of the revenue base.
Domestic EBITDA was RO 180.4 million, which is more or less consistent with RO 180.3 million in 2024. However, the previous year’s figure included a one-off gain of RO 13.2 million related to the settlement of a legacy financial claim.
Without that, domestic EBITDA improved by RO 13.3 million per year, supported by increased revenue and reduced impairment provision.
The reported domestic profit in 2025 was RO 95.4 million, as compared to RO 69.4 million in 2024. This amount also represents an extra interim dividend of RO 29.8 million announced by Zain Group in November 2025 as an alternative to a final dividend that will be paid in April 2026.
Normalised domestic profit, excluding additional dividends, amounted to RO 65.6 million, a bit less than the RO 69.4 million of 2024, due to increased depreciation and amortisation expenses associated with increased investments in core telecom infrastructure and TechCo initiatives.
At the Group level, the performance of Zain was also a significant contributor. Zain indicated revenues of RO 2,856.02 million in 2025, up from RO 2,499.4 million in 2024, while EBITDA reached RO 974.9 million. The net profit increased drastically to RO 354.7 million.
