Companies / Kuwait
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Batelco Raises Its Commitment To Competitive Jordanian Market
December 2006 | Company News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Umniah Mobile Communications (UMC), the Jordanian mobile operator owned by Bahrain's Batelco has won a 3.5GHz broadband fixed wireless access (BFWA) licence from the Telecommunications Regulatory Commission (TRC). This is the third significant development for Batelco since it entered the Jordanian fixed-line market, prior to launching mobile services via the acquisition of a 96% stake in No3 operator UMC in June 2006, at a cost of US$415mn. The operator hopes that this latest addition to its Jordanian operations will enable it to improve its existing economies of scale.