Jordan Telecom announces USD64 million dividend

27 Apr 2005

Jordan Telecom Group has announced plans to distribute a JOD45 million (USD64 million) dividend to its shareholders (equal to JOD0.18 per share) after it posted a net profit of JOD46.1 million for 2004, up 33% year-on-year. Revenues increased 11% to JOD342.5 million, boosted by a 32% increase in wireless turnover, a 70% rise in internet revenue and 3% increase from its fixed line business; CAPEX for the year was down 16% to JOD9.8 million.

Jordan, Orange Jordan