Oman Telecommunication Company (Omantel) has a monopoly in the landline telephone and internet access markets. Its arm Omanmobile offers mobile services. The Omani government owns 70% of Omantel after 30% was listed for the public in 2005. In 2005 Qatar Telecommunication Company (Qtel) and partners were awarded the second license to offer mobile services in the country under the brand of Nawras, which is now rebranded as Ooredoo (Ooredoo Oman). Oman now has 4 mobile networks offering internet. The networks providing 3G coverage are Oman mobile, Ooredoo, Renna and Friendi. In October 2007 the government overhauled Omantel board of directors and announced its plan to remerge the two arm of the company and to sell part of its share to a strategic partner. The government also slashed the royalty fee paid on revenue from 12% to 7%.
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