Oman Telecommunications Co (Omantel) on Tueday reported a 10.3 percent rise in fourth-quarter net profit, beating forecasts as the majority state-owned operator's subscriber base grew.
The former monopoly made a net profit of 30.1 million rials ($78.2 million) in the quarter, compared with a profit of 27.3 million rials in the same period a year ago, it said in an emailed statement.
Two analysts polled by Reuters forecast the firm would post a quarterly profit of between 26.6 million and 30 million rials.
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