Jordan Telecom's H1 profit falls 10.9%

29 July 2010

Jordan Telecom Group has said its net profit in the first six months of 2010 had dropped 10.9% to JD45.6m ($64.3m) due to the cost of launching a 3G service, Reuters has reported. Revenue at the firm's integrated mobile, internet and fixed-line business was unchanged at JD196m ($276m). Subscriber base grew 6.3% to 2.93m, compared to 2.75m at end of 2009 due to its aggressive marketing policy, JTG said.

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