Regulator predicts billions of dollars in revenue

30 Mar 2005

Jordan’s Telecommunication Regulatory Commission (TRC) says it expects the country’s telecoms sector to generate revenues in excess of USD1 billion annually as it implements measures to open up the sector to increased competition. Following the expiration of Jordan Telecom’s fixed line monopoly on 31 December 2004, the TRC claims to have received ‘a significant number’ of applications for licences to operate in the sector. It has begun the implementation of a new integrated licensing plan and telecoms law, and says that once existing operators have been transitioned to the new regime it expects to see the telecoms sector ‘double in size in the next ten years, with revenues likely to exceed USD1 million per year’.