Falling profits not damaging to Jordan Telecom, says report

Jordan Telecom’s reduced profit margins are not damaging to the PTT, according to a new report released today by Arab Advisors Group. Jordan Telecom’s profit fell from $83.9 million in 2000 to $64.6 million last year, while revenues grew from $401.5 million in 2000 to $435.5 million in 2002.

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