Kulacom Jordan acquires Stream

Jordanian WiMAX player expands its reach with acquisition of ADSL ISP provider

Tags: JordanMergers and acquisitionsWiMAX
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Kulacom Jordan acquires Stream Jordanian ISP Kulacom plans to expand its service offering and footprint by acquiring Stream.
By  Roger Field , ITP.net Staff Writer Published  September 27, 2010

Jordanian WiMAX operator Kulacom, has acquired Stream, a local ADSL internet service operator, for an undisclosed sum.

The deal will allow Kulacom to offer its home and business users a wider range of broadband services including unlimited internet usage, internet security packages, IP addresses, and download speeds between 1Mbps and 8Mbps.

Hazim Alaeddin, CEO, Kulacom, said the rationale behind the acquisition was to "meet the exponential demand for faster broadband speeds" across a wider area of Jordan.

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