As oil output continues to decline, Oman has come under increasing pressure to diversify its economy through large investments in natural gas and by promoting private sector growth. Real growth is expected to reach no more than 0.3% in 2004, a stagnation mainly attributed to the fall in oil output. Nevertheless, the decline of the oil industry is putting pressure on the government to create a more business-friendly environment, in particular by speeding up regulatory reform and reducing the importance of Oman's public sector. This 18-page report takes a comprehensive look at the Omani market, covering immediate issues facing the market, in the context of the political, economic, regulatory, and competitive environments. It includes fixed communications predictions, mobile communications predictions, vendor relationships, and risk assessment.