Batelco invests $70m in Jordan 3G licence

Batelco's Umniah subsidiary to invest in infrastructure in Jordan

Tags: 3GBatelco Middle East CompanyJordanUmniah Mobile Company
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Batelco invests $70m in Jordan 3G licence Batelco is still focused on overseas growth, says Sheikh Mohamed bin Isa Al Khalifa.
By  Andy Sambidge Published  January 25, 2012

Bahrain-based Batelco Group said on Tuesday that it is investing JD50m ($70.4m) to obtain a 3G licence in Jordan.

The licence has been obtained through its 96% owned unit Umniah which will further invest towards infrastructure and network expenses related to the roll out during the next six months.

Umniah currently serves more than 2.3 million customers in the kingdom, giving it a 31% market share.

Ihab Hinnawi, Umniah's CEO, said its new high-speed internet services would dramatically enhance customer experience and will enable Umniah to better cater to subscribers' evolving demands.

"Through our 3G services, we seek to facilitate internet and data access as well as deliver original and innovative content, services and applications that boost businesses' efficiency and constructively influence subscribers' daily lives," he said.

Batelco Group CEO, Sheikh Mohamed bin Isa Al Khalifa, added: "We are delighted to announce this significant milestone for the Group in Jordan.

"Overseas growth remains a core part of Batelco Group's strategy and this investment serves to underscore our focus on driving growth and building on our market leading positions in key markets for the Group such as Jordan where we see significant opportunities and room for further penetration."

Umniah's advanced 3.75G services are scheduled to be launched nationwide between the second and third quarter of this year.

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