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Jordan Telecom News
Jordan Telecom
Group offers Orange Livebox
to broadband subscribers (January 28, 2008)
– Jordan Telecom Group (JTG) has announced
that it has started offering the Orange Livebox, a
Wi-Fi router that enables the wireless delivery
of services including IPTV and VoIP planned for
later this year.
The new Livebox comes
with the new double-play bundle of “Surf & Talk”, according
to Mickael Ghossein, CEO
of JTG. “Competition in the
telecommunications market is all about prices, but for Jordan Telecom, the
real value lies in the state-of-the-art technology in terms of innovation, quality,
simplicity and speed besides functionality.”
The Surf & Talk bundles provide an Internet
connection as well as a VoIP line, enabling
subscribers to make cheap calls nationally and internationally. The bundles are currently available in 512Kbps
and 1Mbps ADSL packages, and the Livebox does not
require upfront deposits, purchase or rental fees.
“Simultaneous multi-user functionality is
one of the key features of Orange Livebox,”
stated Wassila Zitoune,
Home Vice President for JTG. Subscribers
will also get a free USB Wi-Fi adaptor with the
unit to add other computers to the home network.
JTG reportedly plans to launch broadband
connections of over 4Mbps later this year, enabling the deployment of IPTV
services in the country.
SSC buys government’s 11.6% remaining stake
in Jordan Telecom (January 25, 2008)
AMMAN (Petra)
- The Social Security Corporation (SSC) Investment Unit on Monday purchased
29,131,991 Jordan Telecom shares which represent the remaining 11.6 per
cent government stake in the company.
The purchase agreement, signed by Finance
Minister Hamad Kasasbeh
and SSC Investment Unit President Mifleh Aqel, amounted to JD135.8 million and raised the SSC
equity in Jordan Telecom to 29 per cent.
The Cabinet agreed to sell the remaining part of
government equity to the SSC Investment Unit based on the recommendations of
the Executive Privatisation Commission (EPC).
Upon Royal directives, the Council of Ministers
recently allocated 3 per cent of Jordan Telecom shares to investment funds
of the Jordan Armed Forces and other security departments in accordance
with a mechanism to be decided later.
Monday’s agreement seals the privatisation of the telecommunications company, a
process that the government began in 2000, EPC President Abdul Rahman Khatib said on Monday.
The government began privatising
the telecommunications company when it sold 40 per cent of its stake to
France Telecom in the country’s largest ever privatisation
worth $508 million. At that time, the government also sold 8 per cent of
its equity to the SSC’s Investment Unit.
In 2002, the government continued to privatise the company, selling another 10.5 per cent of
its remaining stake to Jordanian individuals and different local and Arab
financial institutions, in addition to France Telecom.
Four years later in 2006, the government also
sold 11 per cent of its stake in Jordan Telecom to France Telecom, 10 per
cent to the Kuwaiti financial investment company Noor
and another 5 per cent to the SSC.
The government privatisation
programme aims at attracting more investments, pushing
economic reforms and reducing the burden of foreign debt.
In addition to its privatisation
of Jordan Telecom, the government privatised the Royal Jordanian Air
Academy in 2003,
followed by the privatisation of the postal
services and other government economic establishments.
Noor seeks to increase stake in
Jordan Telecom (January 4, 2008)
New York, Bloomberg - Noor
Financial Investment K.S.C.C. is seeking to increase its stake in Jordan
Telecom to more than the 10 percent it now holds, Kuwaiti newspaper Al-Watan said. Noor, which
agreed to boost its capital by 50 percent on Tuesday, is also considering
two acquisitions this year, Vice Chairman Nasser al-Merri
said yesterday at a press conference in Kuwait.
Noor may invest $500 million in projects including a
real-estate project in Egypt.
The company is looking at an investment in a petrochemical plant and a
joint venture Islamic bank with a foreign partner, al-Merri
said, without specifying, according to the newspaper.
Zain launches SMS translation
service in Jordan
(From TelecomPaper, November 8, 2007)
- Mobile operator Zain
has launched the Tarjem service for spontaneous
translation of SMS text, in collaboration with Sakhr
Software in Jordan.
Zain customers will be able to use the service by sending
the text that needs translation to 93020. They will receive an immediate
translation of the whole text, which would then appear as an SMS on their
mobile phones at a cost of JOD 0.1 per message.
Customers will also be able to have access to the
IT Service List that Zain provides by pressing
*111# and choosing the word 'New' followed by the option 'Translation',
then typing the text that needs translation. This service enables all Zain customers to obtain prompt translation for a text
from and into Arabic and English languages through SMS.
Deal signed for Orange
IPTV in Jordan
(From
ArabianBusiness.com, November
4, 2007)
- An agreement to launch IPTV services in Jordan has
been signed by the Jordan Telecom Group (JTG) and Greece's Intracom Telecom.
JTG's ASDL network will be host to Intracom's
fs|cdn IPTV platform with the services operated
under the Orange brand name.
"With Orange IPTV, we are bringing Jordan a
service that is very popular in Europe and
the World enhancing the modern lifestyle and recreational needs of
Jordanian customers," said Mickael Ghossein, CEO of JTG.
Subscribers will have access to broadcast TV and
video on demand as well as a personal recording service, e-mail alerts and
full internet access. Orange's
Arabic WorldCall service will also be on offer.
Alexandros Manos, managing director of Intracom
said, "Apart from solidifying our cooperation with JTG, this project
also serves as a benchmark for the whole Middle East,
paving the way for telecom operators to deliver new, value-creating
services to their customers".
The broadcast content will include both Arabic
and international offerings.
The deal comes as Dubai prepares to host the inaugural IPTV
World Forum Middle East & Africa. The conference, on the 5th and 6th of
November, will see broadcasters, content providers and platform operators
discuss the technological and business challenges of IPTV deployment in the
region.
Jordan Telecom Group holds distinctive VIP
celebration (from
albawaba.com, September
8, 2007)
- As part of its introduction of the French brand
name Orange, Jordan Telecom Group held a VIP Gala dinner event at Citadel,
featuring unique performances and entertainment.
The event, which was attended by members of the
Royal family, was under the patronage of His Excellency the Prime Minister
Dr. Ma’arouf al Bakhit,
and was also attended by Mr. Didier Lombard, Chairman and CEO of France
Telecom Group, a number of France Telecom Group’s executives, high
ranking Jordanian officials, and members of the diplomatic core in addition
to others.
The event, which was a celebratory blend of
modern and historic setting, included aerial performances, dancers and
singers.
In a short welcoming speech before the beginning
of the event, Jordan Telecom Group Chairman Dr. Shabib
Ammari said that the top achievement of the
Jordan Telecom Group for 2007 was its services re-branding to Orange.
“As providers of Orange
services, the Jordan Telecom Group is now well positioned on the world map
of telecom services. We are thus
claiming a reputation of telecom excellence and efficiencies that places Jordan in a
prominent position on the telecom and other vital international arenas. My
main reference here is the investment activities, which are the backbone
and main life artery of Jordan’s
national economy,” Dr Ammari added.
Chairman and CEO of France Telecom Group Mr.
Didier Lombard congratulated the Jordan Telecom Group on its re-branding to
Orange. He
stressed that France Telecom eyes its investment in Jordan as one
with great potential.
“We intend to provide all that it takes to
enable Jordanians enjoy the best that telecom technology offers
worldwide. France Telecom Group
shall leverage Jordan’s
strategic position in the Middle East as a
spring board for further investments and interests in the region,” Lombard said.
The evening marked the occasion in splendour and class with a mix of modern and the
classical performances starting off with an oriental dancing show –
the Mezdeke Turkish Group, who added flair and
excitement to the air, leading to a breathtaking fire acrobatic show. The
evening concluded with the velvety voice of Carol Smaha,
the multitalented artist, filling the ambiance with her strong and stunning
voice.
“We wish to thank our guests for coming and
joining us this evening. The Jordan
Telecom Group shall deliver on its promises of excellence and
innovation. We look forward to
serving our customers with world class Orange
services,” said Jordan Telecom Group CEO Mr. Mickael
Ghossein.
Customers already feel the difference when they
visit the Orange branded shops of Jordan
Telecom Group. Orange
is very evident across the Kingdom with thousands and thousands having been
entertained by Orange Carnivals and Orange Blaze; mass activities launched by
Jordan Telecom Group to celebrate with Jordanian citizens the adoption of Orange.
The Orange
celebration has reached out beyond Amman
into other cities and towns of Jordan, right into the heart of the
community with the aim of introducing the essence of Orange to ensure that its services are
enjoyed, wherever and whenever and without barriers. Orange
has a very distinct all-inclusive open style to its services with its
behavioral values driving the business forward and at the same time
depicting the strength of the services provided by the global operator.
France Telecom has no plan to raise
equity in JTG (From
The Jordan Times, September 6, 2007)
AMMAN - France Telecom Group (FTG) has no plan to
purchase extra shares in Jordan Telecom Group (JTG) in which the government
holds an 11.6 per cent stake.
“We are comfortable with the current
situation and there is no need to increase our shares in JTG beyond 51 per
cent,” FTG Chairman and CEO Didier Lombard told reporters on Tuesday.
Later in the day, Lombard met with Prime
Minister Marouf Bakhit
and several government officials.
During a press conference attended by Lombard,
and JTG CEO Mickael Ghossein,
JTG Chairman Shabib Ammari
announced plans to establish a Technocentre
department to help the transfer of know-how to the Kingdom.
The centre, expected to open later this year,
will become part of FTG’s international
network of 15 Orange labs and bring
together researchers, marketing specialists and network engineers with the
aim of designing and marketing new products, not only for Jordan, but
for the entire FTG wherever it is present.
The centre will enable all Jordanians to benefit
from the expertise and engineering of the group’s teams, particularly
in the field of convergence, according to a statement received by The
Jordan Times.
FTG and JTG officials reviewed in the presser the
recent rebranding of JTG services to Orange and outlined
the group’s potential in the Middle East
region.
JTG has undergone an in-depth rebranding
of its services starting with Internet before moving onto fixed and then
more recently mobile services. All of JTG’s
nearly 2.5 million customers have now shifted over to the Orange
brand, a statement received by The Jordan Times reported.
Around 50 stores will be rebranded
to Orange
by the end of this year, according to the statement.
“I have been most impressed by the way Jordan has
wholeheartedly embraced the Orange brand.
We intend to provide all that it takes to enable Jordanians enjoy the best
that telecom technology offers worldwide,” said Lombard,
adding: “With Orange
fixed, mobile, Internet and content, we have qualitatively revamped and
enhanced Jordan Telecom Group services to world-class levels,” he
added.
Lombard said the group as a whole, including Jordan,
had implemented a strategic plan during 2006, that has delivered a fully integrated operation producing sound cost
efficiencies, faster ways of working and introducing converged offers at
“best affordable rates” within the market.
A mass marketing communications campaign has
reached out beyond Amman
into other cities and towns of the Kingdom with the aim of introducing the
essence of Orange
to ensure that its services are enjoyed everywhere.
During the presser, Lombard
said FTG has invested more than JD350 million in JTG, which has an annual
capital expenditure of JD50 million and JD2 million per annum contribution
through community social responsibility activities.
“We are committed to investing more as we
start to leverage Jordan’s strategic position in the Middle East as a
springboard for our interests in the region, initially in Bahrain, Lebanon
and then through further potential investments currently being
investigated. Jordan
will act as our regional hub and as a conduit for master class services and
knowledge transfer,” he said.
JTG’s revenues amounted to JD195.7 million during the
first half of 2007.
Orange is the key brand of France Telecom, one of the
world’s leading telecommunications operators. France Telecom serves
more than 163 million customers in five continents as of June 30, 2007, of which,
two-thirds are Orange customers.
Mobile services subscribers projected to reach 5m
by year end (August 20, 2007)
AMMAN - The number of the mobile services subscribers
in the Kingdom is expected to increase to five million by the end of the
year, a senior industry executive said Sunday.
Jordan Telecom Group (JTG) CEO Mickael Ghossein told the
press yesterday that MobileCom, the group’s
mobile telephony provider, alone would have a subscriber-base of two
million.
The company has now 1.8 million subscribers.
MobileCom, recently re-branded as Orange, is competing with Fastlink, currently the market leader, and Umniah, in addition to XPress,
which basically offers Push-to-Talk communications.
Ghossein, who met with the press to promote new services,
described the local market as “promising”, saying “it has
huge potential with over 5.5 million Jordanians and another 2 million
non-Jordanians living here.”
He also based his forecast on the expected
increase in the number of visitors, who usually use local mobile lines
during the time they spend in the country.
“Star Offer”, the first Orange mobile
offer targeting both Pay as You Go and Pay Monthly customers, gives cost
control features of Pay as You Go offers as well as the flexibility and
continuous connectivity of the Pay Monthly offers with competitive monthly
fees, new features for friends and family numbers, preferred local and
international tariffs, in addition to exceptional handset subsidies and 20
free Internet dial-up hours per month, according to a JTG statement.
Meanwhile, the JTG CEO urged the
Telecommunications Regulatory Commission (TRC) to speed up licensing
procedures of new services, complaining of the “delay” that
hinders providers.
Contacted by The Jordan Times for comment, TRC
CEO Ahmad Hyasat dismissed the remark as
baseless.
He said the Communications Law offers “the
TRC a period of 60-days to respond to any request of this type”.
“Operators should take into consideration
this period when applying for licences for new
services,” Hyasat added.
Ghossein cited two services, one of which was submitted
for licensing three weeks ago, but Hyasat said
his agency has almost completed the procedures and would respond soon to the
JTG.
Batelco defends $415m deal to buy Jordan
telecom firm (From
Gulf Daily News, March 1,
2007)
Manama
- Shareholders got into a heated debate yesterday about whether or not Batelco had paid a reasonable price for its acquisition
of a 96 per cent stake in Jordan-based Umniah
Mobile Company. At the company's ordinary and extraordinary general
meetings held at the InterContinental Regency
Bahrain, some questioned the company's board and management over the $415
million spent on acquiring Umniah.
They argued that since the company was making a
loss at the time of the purchase that the amount of money spent was too
high.
Batelco chief executive Peter Kaliaropoulos
said that it is normal for companies to buy loss-making entities and turn
them around. He also pointed out that since Batelco
had been involved the company has been profitable.
"The company had made a BD1.5m loss up to
July when we made the acquisition, but since then it had turned around to
make a profit of about the same amount," he said.
"Very often acquisitions are loss making for
years before they break-even. Umniyah
has already broken even."
Batelco achieved gross revenue of BD235m, an increase of
11 per cent year-on-year. Net profit increased by 4.4pc to BD89.3m.
Earnings per share increased to 74 fils, up from
71 fils in 2005.
Mr Kaliaropoulos said
that the 2006 results reflected the ongoing implementation of a three year
business strategy to transform Batelco into a
customer responsive, value for money, innovative company in Bahrain and create a more
diversified, regional operation across the Middle
East.
"Our strong results reflect our ongoing
focus on delivering better value to our customers, innovative products and
services and improving our operational capabilities."
The board's recommendation of a total cash
dividend of 48 fils per share for 2006
aggregating BD57.6m was approved at the meeting. Batelco
had paid 20 fils per share as interim dividend
and the date for paying the remaining 28 fils per
share will be announced soon.
The board's recommendation to allocate BD1.8m for
charitable, philanthropic and social activities was also approved at the
AGM.
"Batelco's
performance last year is a very clear validation of our strategy designed
with customers' requirements foremost in mind, and comes as a direct result
of the inspired planning of our leadership team and the outstanding efforts
of our employees," said Batelco chairman Shaikh Hamad bin Abdulla Al Khalifa.
During 2006 Batelco
introduced nationwide 2 Mbps Internet access and BD10 broadband.
"We matched these product and service
innovations with reduced prices for business and consumer Internet and data
services and in addition IDD call rates were reduced by up to 65pc."
The company also corrected a report in another
newspaper which stated that the company had claimed that the company had
reached a settlement with the Batelco Trade Unnion for a 25pc wage hike with retrospective effect
from January.
"Batelco entered
into an agreement to negotiate with the union their demands for salary
increase and redundancy packages if and when employees may be surplus to
business requirements," said corporate affairs general manager Ahmed
Al Janahi.
"Batelco agreed to
undertake a research study into salary packages and report to the Ministry
by April 15."
No decision has been made to grant salary
increases."
Mr Janahi also said that
while the company does not oppose a suggestion by the Labour
Ministry that payments should be backdated, the Batelco board would need to ratify any recommendation
that the management and the union may agree on.
"Batelco has
decided to conduct studies and negotiate further with the assistance of the
ministry and produce recommendations not later than April 15," said Mr Janahi.
The trade union had earlier announced a
demonstration to be held outside the hotel but later cancelled it following
a meeting with Batelco mediated by the Labour Ministry.
Jordan Telecom Group Inaugurates First Integrated showroom at
Mecca Mall (September
3, 2006)
Jordan Telecom Group (JTG) - Jordan Telecom, MobileCom, Wanadoo and
e-dimension inaugurated on Sunday their new integrated showroom at Mecca
Mall. The show room will enable customers to benefit from the services and
offerings of Group members, Jordan Telecom, MobileCom,
Wanadoo and e-dimension through one simple point
of contact.
“The opening of the Jordan Telecom Group
showroom will enable customers to further witness the benefits of the
integration,” said Laurent Mialet, CEO of
Jordan Telecom Group. "The shop at Mecca mall will enable customers
to benefit from the various services and total telecom solutions available
by the group members in one location, thus saving them time and make it
more convenient to receive direct services from their operator while
shopping. We promise our customers that Jordan Telecom Group will open new
showrooms in other various locations.”
The showroom will enable visitors to benefit from
the various offerings, products and solutions of the group companies, which
in return allows customers to pay their invoices
subscribe to new offers and benefit from latest group solutions and direct
sales offerings at the one stop shop.
Jordan Telecom Group has taken into consideration the
communication needs of its various customers, businesses in Jordan have
already started witnessing massive
change in their communication services provided by Jordan Telecom
Group,” said Mr. Mickael Ghossein, Executive Vice President of Jordan Telecom
Group. “The Group is currently developing services which will enable
businesses to further cut their communication costs and at the same time
expand their offerings to their own customers.”
Jordan Telecom Group is currently developing
converged services, which will enable users to get the maximum benefit from
their communication partner. With the vast development of telecommunication
services on local and regional levels, customers will be able to benefit
from the solutions which group companies will develop to facilitate the communication
needs of their customers.
“The shop is the first commercial symbol of
Jordan Telecom Group integration. It is in Mecca Mall's new extension and
occupies 250 square meters. It is the first totally integrated shop where
all products and services of Jordan Telecom Group will be provided,”
said Dr. Bassam Hannoun,
Chief Sales Officer at JTG.
“The design of this shop delivers distinct values that are in
line with the Group strategy in providing differentiation and a customer
centric approach.”
The showroom which, occupies 250 square meters,
will provide services to customers and Mecca Mall shoppers all
weekdays, through Saturday until
Thursday from 10:00 am
– 10:00 pm and on Fridays from 12:00 pm until 10:00 pm.
House Finance committee members challenge Umniah deal (From Jordan Times, July 6, 2006)
AMMAN
- Lawmakers told the government on Wednesday to “enforce” fees
and taxation on the $415 million sale of Umniah
Mobile Communications (UMC) to Manama-based Bahrain Telecommunications
Company (Batelco).
“The government committed a mistake by
issuing an operating licence to Umniah for JD4 million and it must correct its
mistake,” said Hashim Dabbas,
head of the Lower House Finance Committee, following a meeting between the
committee members and Minister of Information and Communications Technology
Omar Kurdi yesterday.
Deputies said the government must reconsider the
licensing fee and collect all taxes from which the company was exempt.
“We do not want to extort either of the two
companies, but the government must find a legal way to claim part of the
money,” said Dabbas, who insisted that such
measures would not discourage foreign investment in the country.
Kurdi presented the details of the Umniah
sale to the committee, stressing that the deal was carried out with
transparency and the price was similar to that of other mobile operators,
which were sold.
Last week, Batelco
agreed to purchase a 96 per cent stake in Umniah
for $415 million.
Some MPs charged that the government was
“conned” because it sold the operating licence
to the mobile service provider for JD4 million, in addition to granting the
company tax exemptions and several concessions.
Also on Wednesday, Deputy Mamdouh
Abbadi (Amman Third District) sent a letter to Prime
Minister Marouf Bakhit
via the Lower House to question him over the issue.
On Tuesday, at least 33 MPs signed a petition
calling on the government to stop the deal from going through until an
investigation is held, but others cast doubt on Parliament’s ability
to change what has been done.
“Everything has been concluded and there is
nothing we can do about it, we have to swallow the bitter pill and
learn,” said Deputy Musa Wahsh (Amman Second District), a member of the Finance
Committee who boycotted the meeting with Kurdi.
In their petition, the signatories said the
government must give an explanation for the “huge difference”
between operating licence fee and the $415
million price tag.
Also on Tuesday, the Cabinet discussed the sale
during their weekly meeting and said the transaction went through
legitimate procedures.
Kurdi presented the regulations and mechanisms of
communication sector licensing to the Council of Ministers, Government
Spokesperson Nasser Judeh told reporters
following the meeting.
Earlier this week, Kurdi
defended the deal saying it was a “success story” for the
government.
“To
say that the deal is unfair is a miscalculation. The critics built their
case on the assumption that the deal was about the JD4 million licence fee but they overlooked the fact that the $415
million price involves the infrastructure, the customer base and its
assets,” the minister told The Jordan Times.
“From each JD1 spent on mobiles services,
the government receives JD0.30,” the minister said.
The Telecommunications Regulatory Commission
(TRC) council issued a statement on Sunday, saying it has no objection to
the completion of the deal.
Umniah is the latest mobile operator in Jordan
offering nationwide coverage with over 460 base stations across the country
and more than 500,000 subscribers.
Cabinet: Umniah sale
went through legitimate procedures (July 5, 2006)
AMMAN
- The government on Tuesday said the sale of Umniah
Mobile Communications (UMC) to the Bahrain Telecommunications Company (Batelco) went through the legitimate procedures,
Government Spokesperson Nasser Judeh told reports
on Tuesday.
During a long evening session yesterday, he said
the Cabinet discussed the UMC deal and ensured that the Telecommunications
Regulatory Commission (TRC) approved the deal after applying the right
procedures and according to its law.
Minister of Information and Communications
Technology Omar Kurdi presented the regulations
and mechanisms of communication sector licensing operators to the
ministers’ council, Judeh added.
Last week, Batelco
agreed to purchase a 96 per cent stake in UMC for $415 million.
This week, 15 deputies signed a petition calling
for halting the sale of UMC to Batelco
“until the government retains its rights.”
However, Kurdi disagreed
with the MPs, stressing that the deal was a “success story for the
government.”
Kurdi explained on Tuesday that the UMC licence cost Batelco JD4
million; meanwhile, 4 per cent of the company’s shares are allocated
to support the university students’ fund, and 10 per cent of the
company’s annual revenue will be paid to the government.
He added that Sales Tax is not applicable on this
deal, only the capital ownership has changed.
The TRC issued a statement on Sunday in which it
said the government — through its communications sector policy since
2003 — is committed to liberalising the
sector and opening the way for new mobile operators to enter the market.
“The government took this move to increase competition
and enhance the quality of services, reduce prices of calls, create job
opportunities and increase the volume of investments in this sector,”
the statement said.
The TRC said it announced the availability of a
third licence for a mobile operator in the
newspapers and UMC, among five other companies, competed for the licence.
The statement added that UMC got the licence in the end as it met all the required
conditions.
The sale of UMC, the value of the deal and the
conditions do not fall under the TRC’s
jurisdiction, according to the statement.
Thus, the TRC council said it has no objection to
the completion of the deal, and called for abiding by laws, regulations and
instructions in this regard.
Batelco acquires 96 per cent stake in Umniah for USD415 million (June 26, 2006)
AMMAN
(JT) - Batelco has agreed to purchase a 96 per
cent stake in Umniah Mobile Communications (UMC)
for $415 million, Batelco’s Chairman Hassan Ali Juma announced in
a press release.
Batelco will purchase the shares of Umniah
Telecom and Technologies (UTT) owned by Michael Dagher
and Fouad Al Ghanim and
Sons Group; founding partners of UMC, Global Investment House and related
management contracts associated with the operation of Umniah.
The Underprivileged Student Support Fund in Jordan’s
universities will retain the remaining four per cent equity in Umniah.
Dagher and Juma signed the
agreement here on Saturday. Finalization of the purchase is subject to
certain preconditions but full completion is expected by June 28.
Umniah is the latest GSM mobile operator in Jordan
offering nationwide coverage, with over 460 base stations across the
country, to more than 500,000 mobile subscribers.
Umniah, which started commercial operations late June
2005, focused on innovation and value and has grown rapidly, gaining 13 per
cent of the Jordanian mobile market share in the last 12 months.
Batelco’s consolidated accounts, at group level, are
expected to show 14 per cent revenue growth in 2006 and 10 per cent growth
in EBITDA (earnings before interest, taxes and amortization). Mobile
subscribers are expected to grow by 120 per cent and reach over 1.2 million
by the end of 2006.
“The acquisition of Umniah
will provide significant profitable growth for Batelco
in the expanding Jordanian market and boost the company’s strategic
long- term plans,” Juma said.
“Batelco has
developed and is executing a niche growth strategy in the Middle East by focusing in areas of substantial
growth from broadband and mobile operations. The acquisition of Umniah is consistent with such strategy and provides
the right kind of fit for Batelco’s
needs,” he added.
Dagher said: “Batelco’s
agreement to acquire 96 per cent of Umniah
testifies that we have been key players in the mobile telecommunications
industry in Jordan
and have great potential on a regional level. We, at Umniah,
are proud of this new investment in Jordan’s economy,
which illustrates the valuable trust accorded to the investment atmosphere
in Jordan.”
“Umniah’s
role has directly and indirectly resulted in increasing the use of mobile
services from 25 per cent before Umniah’s
licensing to more than 60 per cent today,” he added. “Umniah’s network has expanded rapidly, in less
than one year, we have been able to create more than 500,000 subscriber
base and have achieved nationwide coverage in 11 months. Umniah gained 13 per cent of the Jordanian mobile
market share in the last 12 months.”
“This initiative comes to reiterate Jordan’s
strong and welcoming investment environment and Batelco’s
interest in Umniah greatly bears witness to
this,” elaborated Omar Al Quqa, the
executive vice president of Global Investment House which not only was a
strategic partner but also acted as an adviser to the selling parties.
“Batelco aims to
be a significant integrated telecommunications operator in Jordan
offering customers innovation, better value and choice for fixed and
wireless solutions,” Juma said.”Batelco already offers broadband services in
Jordan through its subsidiary, Batelco Jordan and
Umniah will complement our existing
operations.”
Batelco plans to operate Umniah
independently to its fixed-line business which is trading under the brand-
name Batelco Jordan. It also plans
to continue its regional expansion drive through targeted acquisitions of
other operators and licenses.
“Whilst our origins are in Bahrain
and we have to drive a ‘Customers First’ strategy of continuous
operational improvement in Bahrain, to deliver
growth and dividends, we also have to tap into growing markets larger than Bahrain
either directly or with partners,” Juma
added.
The acquisition of Umniah
is consistent with Batelco’s 2006-08
“Peak Performance” Business Strategy presented to the board of
directors in December 2005. At that occasion, Juma
indicated that exploring new markets across Middle
East and North Africa
in order to grow and continue to nurture the company’s joint ventures
in Jordan,
Kuwait
and Egypt,
were high on Batelco’s priority list.
In a bid to develop the ICT environment in Aqaba
Jordan Telecom Group provides Tala
Bay Resort
With telecom services (February 22, 2006)
- The JT Group and Jordan Touristic
Projects Development Co signed an Agreement today, by virtue of which the
JT Group provides Tala Bay Resort on the Southern
beach of the City of Aqaba, with the most advanced
voice and digital services, and of the highest standards.
The Group President, Laurent Mialet
and the Jordan Touristic Projects Development Co
CEO, Naser al Khalidi,
signed the Agreement.
The Agreement enables the Jordan Touristic Development Co and investors in the Tala Bay project to access full benefits of modern
telecom services provided by the JT Group, including the undertaking of
necessary civil works, cable laying and networks connectivity.
Mialet affirmed the Group's endeavor to develop the ICT
infrastructure in the Aqaba Special Economic Zone
(ASEZA), in response to the due importance the ASEZA holds in enhancing the
national economy.
Mialet added that the Agreement will help provide the
infrastructure at Tala Bay Resort with modern
telecom services, and technological solutions all made possible by the JT
Group and according to international standards.
"Jordan Telecom, in its new existence as an
Integrated Operator, has enhanced its capabilities in offering and
providing the services that merge between telecommunications and
information," said Eng Dissa Jaimouka, Director, Operational
Marketing. Such services are made
available for both residential and business customers she added, whereby
this Agreement comes to provide a true translation of the JT vision in
providing the right environment for local and foreign investments.
Jordan Telecom has earlier this month announced
its adoption of the integrated operator concept amongst its different
subsidiaries. Activities provided by
Jordan Telecom, MobileCom, Wanadoo
and e-Dimension have all come together under one umbrella, that of the JT
Group integrated administrative structure.
Al Khalidi said that
the Agreement aims to promote local and foreign investments in the touristic sector, generally in ASEZA and particularly
in the Tala Bay Resort. It endeavours
to rehabilitate housing units, hotels, and commercial centres
with telecom services and technological solutions which will upgrade the
project's level and help the Company promote it well in the few forthcoming
years.
Jordan for Touristic Projects
Development was established in June 2001 by a group of investors. Later it became a public holding entity
and aims to build comprehensive high standard resorts. The Tala Bay
Resort will be constructed on an area amounting to 2671 dunoms. The Resort will have many tourist
attractions including the Red Sea Beach, stretching over two kilometers, a
yachts bay in an area of 30 thousand sq metres,
different accommodation facilities, hotels, recreational activities
including a golf court, beach club, water garden, other support services,
shops, and residential areas for employees.
Fastlink and Jordan Post sign agreement
enabling customers to pay their bills at post offices (From menareport.com, November
20, 2005)
- Fastlink, one of MTC
group companies, the leading mobile operator in the Middle East &
Africa, and Jordan Post have signed an agreement under which Fastlink customers would be able to pay their bills at
post offices, which are located in the various areas of the Kingdom.
The move aims at facilitating customers’
payment methods, saving them time and effort and providing them with the
highest level of customer care.
Fastlink CEO Mohammad Saqer
said at a press conference, held at the Company offices that the agreement
provides customers with a fast easy way to pay their bills and offers them
a variety of locations to go to. Saqer added that the big effort undertaken by Jordan
Post to serve citizens in various areas across the Kingdom inspired Fastlink to sign the cooperation agreement, a move that
serves all types of customers. He
pointed that the move also reflects Fastlink’s
continued efforts to meet the fast paced changes that affect the world of
technology and to maintain its leading position in the local and regional
markets.
Saqer said that Fastlink,
with 1.8 million customers and ten years of service, exerts all possible
efforts to introduce to the market the latest technologies and provide the
best service to customers by availing e-payment methods that facilitate
people’s bill payment.
E-payment allows customers to pay their monthly bills or recharge
their credit using their mobile phones in a secure and easy manner from
anywhere and at any time.
Jordan Post General Manager Amen Kamel Kawar said the
agreement also meets the Company’s plans to enhance services rendered
to citizens in all areas, pointing out that Jordan Post is an expansive
network that serves all sectors of society.
Kawar said that since its establishment, Jordan Post
has been advancing its services through the signing of agreements with
various corporations and companies in the Kingdom. Jordan Post has also provided advanced
training to staff and upgraded its services electronically while working on
refurbishing its offices so as to meet world development in
technology. He said the Company aims
to serve as the communications hub for citizens as well as private and
public corporations and to reach all areas across Jordan,
adding that Jordan Post offices will be used as one of the tools for
e-Government in the future. There
are 170 post offices distributed across various areas in Jordan.
Jordan Telecom extends services using IBM suite (From
itp.net, October
14, 2005)
- Jordan Telecom is to launch new
mobile, fixed and internet services for its customers after signing a
multi-million dollar deal with IBM.
The deal will allow Jordan Telecom to reduce the size
of its infrastructure and to deploy a number of different new technologies
including infrastructure consolidation, data warehousing, business
intelligence (BI) solutions, and a new portal service for its customers and
employees.
“Earlier this year, Jordan Telecom embarked on a number of
initiatives that drive internet growth in the Kingdom, including the launch
of major innovative services that encourage the adoption of technology by
Jordanian businesses,” said Rula Ammuri, chief information officer at Jordan Telecom.
“In order to do this, we required a robust and reliable technology
infrastructure that would allow us to manage our operations effectively and
provide us a sophisticated platform to launch new mobile, fixed and
internet services for our customers,” Ammuri
added.
Jordan Telecom’s new data warehouse and BI solution will be based on
the IBM Telecom Data Warehouse end-to-end open-standards solution. It will
incorporate existing elements of the telco’s
customer relationship management (CRM) system and will connect into its
other business processes.
The deal will see Jordan Telecom migrate its existing base of Unix servers
to IBM’s eServer pSeries
technology, which will be used to underpin its billing and customer care
applications. The telco said the move would help
it to handle expected increases in data loads.
“Jordan Telecom is operating in one of the most dynamic telecom
markets in the region, an environment that encourages competition and
brings new growth opportunities through the launch of advanced value-added
services,” said Takreem El-Tohamy, general manager of IBM Middle East, Egypt and Pakistan.
“Using sophisticated solutions that are based on open architecture
and open standards, we believe will help it be poised to reap the benefits
of convergence and offer the most innovative services to its
customers.”
Jordan Telecom has selected Websphere as the
integrating platform for its intranet portal. It has also provided its 500
employees with ThinkCentre desktops that
incorporate ThinkVantage technologies and offer
advanced security and PC manageability features.
MobileCom debuts Electronic Payment
Service in Jordan
via the 'PAYNET' service (From ameinfo, September 26,
2005)
- MobileCom
announced at a press conference, held at the Four Seasons Hotel, the
implementation of the 'PAYNET' (The National Payment Gateway), a service
provided through a joint venture between Visa Jordan Card Services (VJCS)
and Specialized Technical Services (STS).
MobileCom's Products and Services Marketing Manager, Marwan
Al-Muhaisen said that the launch of this service
is a step forward towards the enhancement of MobileCom
services for the benefit of its customers. Implementing the unique PAYNET
service will facilitate easy settlement of subscriptions through MobileCom's website from anywhere, and at anytime,
securely and smoothly.
Al-Muhaisen added, 'Providing this service will
save our customers time and reduce the queues often seen in our branches.
We are confident it will eventually become the ultimate and most convenient
means for customers to settle their mobile bills and recharge their prepaid
lines. As the leader in e-commerce payment services, we have focused on
applying new and modern technologies in
several areas. In pursuing the highest international standards in security
and encryption, today, MobileCom is the pioneer
mobile operator in providing electronic payment solutions in Jordan
through Visa, and soon MasterCard.
PAYNET is very simple. The process starts with MobileCom
customers visiting the MobileCom website (www.mobilecom.jo).
After establishing the
payment due, and preferred method of payment, customers will only need to
click the 'Pay' button and the transaction will be processed via the PAYNET
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