JT plans March IPO

9 Feb 2006

The Jordan Telecom Group is planning to hold an IPO on the Dubai stock exchange next month. CEO of the telco, Laurent Mialet, also hinted that the Jordanian government would seek to dispose of its 41% stake in the company in the first half of the year, with France Telecom expected to raise its holding to 51% from its current 40%.

Jordan, Orange Jordan