Jordan Telecom
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Jordan Telecom Group is the principal telecommunications services provider in the
Kingdom of Jordan Jordan, officially the Hashemite Kingdom of Jordan, is a country in the Southern Levant region of West Asia. Jordan is bordered by Syria to the north, Iraq to the east, Saudi Arabia to the south, and Israel and the occupied Palestinian t ...
. Jordan Telecom is responsible for the administration of the basic telecommunications
infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...
which forms the base of Jordan's telecommunications services industry. Upon
privatization Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation w ...
on 23 January 2000, Jordan Telecom Group was 60% owned by Jordan's government. The remaining 40% of the group's
shares In financial markets, a share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Sha ...
were owned by JITCO Investment Group, a holding company consisting of
Orange Orange most often refers to: *Orange (fruit), the fruit of the tree species '' Citrus'' × ''sinensis'' ** Orange blossom, its fragrant flower ** Orange juice *Orange (colour), the color of an orange fruit, occurs between red and yellow in the vi ...
(88%) and the
Arab Bank Arab Bank is a Jordanian bank that is one of the largest financial institutions in the Middle East. It is headquartered today in Amman, Jordan, and operates as a universal bank that serves clients in more than 600 branches spanning five contine ...
(12%). The Jordan Telecom Group (JTG) owns the following telecommunications companies: * Jordan Telecom *
Orange Jordan Orange Jordan is a Jordanian public mobile telephone network operator, and is the operator of the mobile communications license granted to Jordan Telecom. The company was first registered on 21 September 1999, with an aim to build a mobile c ...
* eDimension


Jordan Telecom

Jordan Telecom is a
privatized Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation w ...
telephone company, founded in 1971 and now belonging to the Jordan Telecom Group. It holds the telecom license, but the mobile component is managed by
Orange Jordan Orange Jordan is a Jordanian public mobile telephone network operator, and is the operator of the mobile communications license granted to Jordan Telecom. The company was first registered on 21 September 1999, with an aim to build a mobile c ...
.


History

The history of telecommunications in Jordan can be traced back to early 1921. After the foundation of the
Hashemite Kingdom of Jordan Jordan, officially the Hashemite Kingdom of Jordan, is a country in the Southern Levant region of West Asia. Jordan is bordered by Syria to the north, Iraq to the east, Saudi Arabia to the south, and Israel and the occupied Palestinian ter ...
, the Ministry of Post, Telegraph and Telephony was established which further developed the country's Telecommunications Services. In 1961, the first automatic telephone switch service was introduced utilizing an electromechanical switch with a capacity of approximately 5000 lines. In 1971, a new government-controlled body, the Telecommunications Corporation (T.C.C) was set up to take over the day-to-day running of the communications services such as telephone, telegraph and telex. Also a satellite earth station at Baqa'a was in operation using Intelsat facilities. From 1973 to 1985, Jordan Telecom's network underwent significant expansion as part of a government investment program. In 1993 the government was able to initiate a development program known as the National Telecommunications Program (NTP).


External links


Orange Jordan
Companies based in Amman Orange S.A. Telecommunications companies established in 1997 Telecommunications companies of Jordan Companies listed on the Amman Stock Exchange Companies in the ASE Market Capitalization Weighted Index {{Jordan-stub


References