U.K.-based Ethical Boardroom recently named Omantel, the Sultanate’s leading telecom provider, as “Best Telco in Corporate Governance,” singling the company out from numerous other regional businesses in recognition of its superior leadership and high standards.
The practice of corporate governance — or policy and process-guiding business — is recognized worldwide as key to the growth and ethical conduct of corporations. Respectful and responsible behavior is the standard to which corporate governance adherents aspire.
Omantel regards the tenet not as a final goal, but rather as a means to facilitating value for stakeholders and upholding innovation and professional behavior as constants in daily business operations. Leadership, transparency and efficiency are valued hallmarks of the company.
“We are proud to have won this prestigious and highly coveted award," Omantel CEO Talal Al Mamari said. “As one of Oman’s most iconic and trusted brands and as the largest listed company in Muscat Securities Market in terms of market value, Omantel endeavors to operate according to the highest global standards of corporate governance, and this recognition is testament to our efforts.”
Ethical Boardroom is a London-based company dedicated to governance analysis publications. Ethical Boardroom circulates its material to over 48,000 subscribers and reaches more than 110,000 readers worldwide.