Orange Jordan profits up, despite declining revenues

15 May 2012

Jordan Telecom Group has booked revenues of JOD96.4 million (USD135.43 million) for the three months ended 31 March 2012, a decrease of 3.0% year-on-year caused by intense competition. The group, which offers wireless, broadband and fixed telephony services under the Orange banner, recorded net profits of JOD20 million, up from JOD19.5 million in the year-ago period, as operating expenses dropped by 5.6% y-o-y to JOD58.3 million, offsetting the fall in income. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the period under review were JOD38.1 million, a 1.4% increase y-o-y, whilst CAPEX dropped to JOD2.3 million for the period from JOD4.1 million a year earlier.

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