Companies / Kuwait
Government Sells Up Stake In Jordan Telecom
June 2006 | Company Finance AlertThe Jordanian government is to sell its 41.5% stake in Jordan Telecom at a cost of JOD515mn. The announcement marks part of the country's liberalisation policies, and follows the recent purchase of mobile operator Umniah Mobile Communications (UMC) by Bahrain's Batelco.
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