Omantel, the first telecommunications company in Oman, has signed a Memorandum of Understanding (MoU) with Ericsson, Swedish multinational networking and telecom company, to encourage thought leadership and technology innovation initiatives through Omantel Innovation Labs.
The Omantel Innovation Labs strengthens Omantel’s expertise, partnerships, reach, and access to technology to contribute to Oman’s Vision 2040 and promote innovation and entrepreneurship in new and emerging technologies.
The key focus of Omantel Labs is to cultivate entrepreneurial skills among the youth and accelerate the growth of relevant Oman-based technology startups across five technological verticals: 5G, Internet of Things (IoT), Cybersecurity, Customer Experience Technology, and Big Data.
Talal Said Al Mamari CEO – Omantel
“We are committed to equipping Omani entrepreneurs with the right tools to develop meaningful solutions and are delighted to be partnering with Ericsson to add more value to the local startup ecosystem. We believe that the collaboration with Ericsson will open new doors to technology innovators and entrepreneurs across the Sultanate and will be focusing on several technology areas to drive the value of 5G and innovation in the country and contribute to Oman Vision 2040.”
Based on a shared vision to engage the entrepreneurial community to contribute to Vision 2040, the MoU will see Omantel and Ericsson work together to support digital transformation and innovation in the country by expanding the enterprise market’s capabilities through 5G and Information and Communication Technology (ICT).
Using the Omantel Innovation Labs as a platform, Ericsson’s regional innovation hub, local, regional, and global experts will offer thought-leadership to startups and innovators in Oman.
Mr. Abdullah Al-Balushi, Country Manager of Ericsson Oman stated, “Our collaboration with Omantel will support in accelerating their digital transformation journey. Supporting Omantel in nurturing innovators and entrepreneurs through our expertise in 5G presents the vast talent in Oman with an opportunity to build on skills to bring to life Oman Vision 2040.”
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