Deregulation benefits

The deregulation of telecommunications sector will not only change the dynamics of business in Jordan, but also of every Middle Eastern nation that is bringing in competition. The move may be challenging, however the benefits will be enormous.

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By  Sarah Gain Published  May 12, 2005

The liberalisation of Jordan’s information communication technology (ICT) sector will drive the growth of the nation’s telecommunications market in excess of US$1 billion dollars annually, according to the Telecommunications Regulatory Commission (TRC). In addition, deregulation will make Jordan a competitive and dynamic marketplace, attracting new investments and innovative services to its shores not only from the regional players, but also from global investors. “Market liberalisation has already proven to be a stimulus to demand for telecommunications services in the Kingdom. Established licensees have prepared for competition by offering improved services and lower prices,” says H.E Muna Nijem, CEO of TRC. The telecommunications sector in the Middle East and North Africa (MENA) region has undergone enormous change over the last five years, with all regional nations opening up their telecommunications markets and establishing independent regulatory bodies. Global research firm IDC, which predicts sustained spending growth in the Middle East, says the region is moving in the right direction. “There will be a lot of potential growth in the Levant countries such as Jordan and this will steadily increase, especially when the Iraqi market starts to open up and further liberalisation efforts start to materialise. “Our estimate for Jordanian IT spending alone in 2005 is US$141.7 million, which is an increase of 12% over 2004,” says Heini Booysen, software program manager for IDC Middle East and Africa.

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