Jordan Telecom's 2009 net profit up 3%

9 Feb 2010

Net profit at Jordan Telecom Group rose 3.7% in 2009 to JOD104 million (USD146 million) as it captured market share in mobile and data services, the company reported on Monday. The group, in which France Telecom owns a 51% stake, said revenue in its integrated mobile, internet and fixed line business fell 0.3% to JOD400.1 million from JOD401.4 million in 2008. Its fixed-line, internet and data services subscriber base grew 9.2% to 2.75 million as of Dec 2009 compared with a year before. The statement showed revenue from Jordan Telecom’s fixed and internet services fell 1% over the year to JOD219.1 million, while revenue from mobile unit Orange climbed 0.6% to JOD181 million.

Jordan, Orange Jordan, Trans-Jordan Telecommunications