Oman has cancelled tenders for the country's third mobile licence as it has decided to award it to a consortium of local investment funds and an international operator, the state news agency ONA reported on Wednesday.
Oman's transportation and telecommunication ministry directed the Telecommunications Regulatory Authority (TRA) to cancel the current tenders and proceed with the new decision starting by October 18, ONA said citing a statement from the ministry.
The decision aims to strengthen investment funds in the country, ONA said. It did not give details on when TRA would award the third licence.
The new operator will compete with Oman Telecommunications Co (Omantel) and Ooredoo Oman.
Oman had already received bids from Saudi Telecom (STC), Kuwait's Zain, Sudan's Sudatel, and the United Arab Emirates' Etisalat for the licence.
The licence was to be awarded on September 4, though regional media had reported that was delayed until November 30.
Omantel bought a ten per cent stake in bidder Zain in August, and has since said it plans to increase its holding.