Monday, May 9, 2011

Is it logical, or just in Oman

Today in my coffee break I decide to have my quick news round, which usually in some Arabic news and some English news and most often I go to BBC to get sport news. Today I found myself reading (http://www.muscatdaily.com ) and am not big fan with business news but in somehow I found myself reading this topic:

Omantel Q1 net down 19% on higher infrastructure spend

Than I wonder how that happens and is it really normal and my curiosity level start to increase so I decide to see how that compare to other communication company in the world. I am big fan of Vodafone and I have used their service for 6 years with big satisfaction when I was in UK and it’s the largest second company in the world after China Mobile. I found this report in (https://www.zawya.com) (for report click here) and I looked up for Vodafone profit in Wikipedia which is very trusted source. hence this what I found out for the year 2010:

Vodafone :
Net profit : 8645 Million dollar
number of subscribers : 341 Million
Number of Employees: 84990
Profit rate: 25 dollar per subscriber

Omantel:
Net profit : 335 Million dollar
number of subscribers : 3.2 Million ( I don’t know how as our population is only 2 million)
Number of Employees: 2200
Profit rate: 105 dollar per subscriber


So let’s read in these numbers, Omantel have 1% of Vodafone subscribers and 3 % of employee. However, when it comes to profit per subscribers Omantel have 410% more than Vodafone. In English, Omantel making 4 times more than Vodafone if we take the number of subscribers into account.
In another language it means Omantel is 4 times expensive as Vodafone which is a very high.

So can anyone tell me the logic behind this?

Anyway, I will stop here I was gunna compare the service and facility they have but than I thought its enough depression and frustration for one day

5 comments:

  1. thanx for the info

    i think the analysis you did still need more inputs like what is the average of minuets per subscriber for each operator cus maybe omantel subscriber talking alot :)
    2nd Vodafone is only providing mobile srvices where Omantel provide mobile, fix and Internet so there is no fear compression

    but it is good info

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  2. you completely wrong, in your assumption and in your argument, as its pure financial estimate, I said it clear I don’t wanna go technical and talk about service or facility I am talking about total profit, pure number, when u compare something you compare similar things, and its will know statistic method to compare rate per subscriber and not rate per minute. and believe me I use to have a contact that have unlimited talk time in weekend and I know that people talk more there coz u can get unlimited minute , or so many free minute double the time you would get in here , so you point is not valid at all

    finally I think your argument about the service or what they provide ( r actually in the method of providing the service) not acceptable and not realistic , and as I said again I was talking financially and not technically as Omantel need 100000 years to be half of what other telcom companies in the world , unless we mange to talk out all old mentalities employee from omantel and through them away , than we stand a chance to improve ,,,


    P.S I meant all employee including Yourself: P~~

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  3. لان مشكلة انسداد الأحواض و مواسير الصرف و المجاري ، من المشكلات المزعجة للغاية و الغير محتملة ، نظرًا لما تسببه من رائحة كريهة لا تطاق سواء
    شركة تسليك مجارى بالدمام فريق عمل خبير لحل مشكلة المجاري باقوي الالات العالمية فى تسليك المجاري نصلك في اي مكان خصومات شركة تسليك مجارى بالخبر عزيزى العميل اذا اردت الحصول على مجارى نظيفة وخالية من الاوساخ والانسدادات التى تعتبر من الشركات الرائدة فى

    شركة تتنظيف منازل بالقطيف
    شركة رش مبيدات بالقطيف
    شركة مكافحة الحمام بالدمام

    ReplyDelete