Omantel courted by three bidders in tower deal worth $500m Sign in with LinkedIn 15 December 2020 | Natalie Bannerman Omantel is currently being courted by three bidders in the second round of the sale of its tower assets. As reported by sources to Reuters, the deal is rumoured to be worth over $500 million as comes as Oman a leading producer of crude, seeks to raise funds as Covid-19 and low oil prices has impacted its finances. One of the bidders is comprised of Omani infrastructure fund Rakiza, which is backed by Oman’s sovereign wealth fund, which has partnered with IHS Towers.