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Batelco's Umniah to spend $150m in Jordan

09 June 2010

Umniah, the Jordanian unit of Batelco, plans to invest $150m over the next two years to expand its mobile and fixed broadband services in the kingdom, Bloomberg has reported. The segments have "low market penetration of not more than 4% or 5% in terms of subscription, and between 27% and 30% of users' penetration," Ihab Hinnawi, CEO of Umniah told the news service.

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