Orange Jordan notes 5% drop in profit

4 Apr 2012

Jordan Telecom Group, which operates under France Telecom’s (FT’s) Orange moniker, noted a 5% fall in net income to JOD90 million (USD126.4 million) for the full year 2011, with revenue growth offset by increases in operating expenses. The company saw a slight increase in revenues in 2011, attributed to the success of 3G services, with income growing 2% to JOD412 million. Operating expenses increased by 9% to JOD249 million over the twelve-month period, despite a 9% drop in administrative costs to JOD25 million; expenditure from sales and marketing rose by 3% to JOD38 million.

Jordan,Orange Jordan,

Subscribe

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

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

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

Advertise

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.

Share