Jordan Telecom Group is the principal telecommunications services provider in the Kingdom of Jordan. Jordan Telecom is responsible for the administration of the basic telecommunications infrastructure

Infrastructure

Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...

 which forms the base of Jordan's telecommunications services industry.

Upon privatization

Privatization

Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...

 on 23 January 2000, Jordan Telecom Group was 60% owned by Jordan's government. The remaining 40% of the group's shares

Stock

The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...

 were owned by JITCO, a holding company consisting of France Telecom

France Télécom

France Telecom S.A. is the main telecommunications company in France, the third-largest in Europe and one of the largest in the world. It currently employs about 180,000 people and has 192.7 million customers worldwide . In 2010 the group had revenue of €45.5 billion...

 (88%) and the Arab Bank

Arab Bank

Arab Bank is one of the largest financial institutions in the Middle East. Established in Jerusalem in Palestine in 1930 as a small bank, it has evolved into a group with the largest worldwide Arab network with over 500 branches in 30 countries on five continents, participating in financial markets...

 (12%).

Subsidiaries: The Jordan Telecom Group (JTG) owns the following telecommunications companies:

• Jordan Telecom
  Jordan Telecom
  Jordan Telecom is a privatised company, now belonging to the Jordan Telecom Group .-History:The history of Telecommunications in Jordan can be traced back to early 1921. After the foundation of the Hashemite Kingdom of Jordan, the Ministry of Post, Telegraph and Telephony was established which...
  
  
• Orange Jordan
  Orange Jordan
  Orange Jordan is a Jordanian public mobile telephone network operator, and is the operator of the mobile communications license granted to Jordan Telecom....
  
  
• eDimension

External links

• Jordan Telecom Group