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Jordan Telecom's FY net profit up 3% to JOD 104 mln Tuesday 9 February 2010 | 08:56 AM CET
 
Jordan Telecom Group posted a 3.7 percent increase in net profit for 2009 to JOD 104 million as it captured market share in mobile and data services. The group, in which France Telecom owns a 51 percent stake, said revenue fell 0.3 percent to JOD 400.1 million. Its fixed-line, internet and data services subscriber base rose 9.2 percent to 2.75 million as of December 2009 compared with a year before. The statement showed revenue from Jordan Telecom's fixed and internet services fell 1 percent in the year to JOD 219.1 million, while revenue from mobile unit Orange rose 0.6 percent to JOD 181 million. Jordan Telecom has nearly 2 million mobile subscribers or over 30 percent of the Jordanian market.
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