Jordan Telecom (JTEL)

Jordan Telecommunications Company, together with its subsidiaries, provides telecommunication, internet, data, and mobile payment services for residential and corporate customers primarily under the Orange brand name in Jordan. It operates through Fixed-Line Voice, Mobile Communications, Data Services, Renewable Energy, and Mobile Payments segments. The Fixed-Line Voice segment constructs, develops, and maintains fixed telecommunication network services, and provides fiber to home services. This segment also offers corporate internet leased lines, webhosting, and information and communications technology services. The Mobile Communications segment installs, operates, and manages a cellular network. The Data Services segment provides, furnishes, installs, maintains, engineers, and operates communication facilities to provide data network and internet access services. The Renewable Energy segment produces electricity from the solar farms and renewable energy projects. The Mobile Payments segment provides electronic wallet services to execute financial payments through mobile phones. The company offers data center, cloud, or machine to machine services. It also provides mobile phones, broadband equipment, connected objects, and accessories; infrastructure and application services; and security services. The company was incorporated in 1996 and is headquartered in Amman, Jordan. Jordan Telecommunications Company operates as a subsidiary of Joint Investment Telecommunications Co.