Renna Mobile gains new owner

Oman Brunei Investment Company (OBIC) has acquired a majority stake in Omani MVNO Renna Mobile, injecting capital into the company. The investment is earmarked for Renna Mobile’s further expansion plans.

"Yes, I can confirm that we have finalised an investment agreement with OBIC to secure our growth plans in Oman and beyond,” commented Renna Mobile CEO, Joakim Klingefjord. “We are honoured by the fact that OBIC scrutinised several other similar investment opportunities before they decided in our favour."