Good year for Jordan Telecom

16 Feb 2005

Jordan Telecom says its net income rose 34% last year to JOD46.3 million, with revenues up 10% to JOD342.5 million. The telco has attributed the positive results to increased subscriber numbers and usage; traffic was up 3% at Jordan Telecom’s fixed line unit, while the cellular division MobileCom saw a 43% jump in traffic. Jordan Telecom is currently 41.51% owned by the government, with a consortium of France Télécom and the Arab Bank holding a 40% stake and the Social Security Corporation having 13%; the remainder is in private hands. The French telco has revealed that it is in negotiations with the Jordanian government with a view to increasing its shareholding. According to a report from Agence France Presse, FT’s chairman Thierry Breton said: ‘The government has decided to reduce its equity in Jordan Telecom and … we will be definitely a player in the privatisation of Jordan Telecom.’

Jordan,Orange Jordan,


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate


Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.