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Jordan 2006

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Areas of interest regarding MobileCom


Ms. Majid Shweikeh, the first woman CEO of a mobile compnay in the world.

How well established was cellular telephone service in Jordan at the time MobileCom came onto the scene?
Prior to MobileCom launching its service in Jordan, there were only 180,000, mobile users. Today, the sector serves over 3 million of which MobileCom serves nearly 900,000.

MobileCom is a public company, founded with what particular objective?

In the early stages of development MobileCom was run virtually as a separate unit under the Jordan Telecom – with its own vision, mission and strategies. Earlier this year, Jordan Telecom chose to integrate MobileCom back into the overall Group – forming Jordan Telecom Group with various business units: Fixed, Mobile, Internet, Content & Wholesale, and implementing the "Integrated Operator" strategy of France Telecom. The aim is to face off challenges by new entrants to the market place by providing differentiated convergent offers.

Where do you stand in terms of the overall market?
How is the service outside of Amman? MobileCom provides its services across the entire Jordanian market and provides coverage for more than 99% of the populated areas in Jordan.

How advanced/extensive is the cellular market in Jordan compared to other countries of the region?
MobileCom, through its relationship with France Telecom/Orange maintains a very healthy technically advanced service for all its customers. Leading edge solutions are ahead of many other service providers in the Middle East. It is worth mentioning that a study published by Arab Advisors in September 2005 announced Jordan to have one of the most competitive communications' market in the Arab World.

You have roaming service in Iraq?
Yes, both mobile operators "Iraqna and Asia Cell"
The arrangement with Ericsson—EDGE technology. What does it do to improve service?
It does accelerate the speed of data transmission from network toward end users terminal either handset (through the WAP portal or video streaming) or laptop/PC up to five times of the current GPRS service which means 256kbps instead of 52kbps.

What other high tech services are you providing?
To compare technology with EDGE; there is only MMS to be mentioned while other advanced services/technology used by MobileCom are APN "Access Point Name" that gives high and secured environment for data transactions which is used for financial institutions and confidential data transactions. Push email that secures business information and communication among management and stakeholders. Amman Stock Exchange, Video Streaming, Vehicle Tracking System, Call Ring Back Tone "Dandanah" (which was launched before most European operators), … etc.

Talk about the partnering with local universities. Also football sponsorship.
MobileCom is a heavy investor in Youth activities – particularly with basketball. A close relationship with the Jordan Basketball Federation is in place and MobileCom has sponsored virtually all their activities more recently. The most heavily attended matches are those within the Madares (High school) championships with 32 schools (girls and boys) competing over a three month period.
Additionally MobileCom has been providing special service called UniZone providing discounted rates as low as two piasters per minute when calling to any MobileCom number within the campuses of the University of Jordan, Hashemite University and Yarmouk University.

Ms. Shweikeh thoughts on becoming CEO, the first woman CEO of such a company.
It is a very challenging and an interesting job. The responsibilities are huge, exacting and forever growing. I am surrounded by a very progressive, dynamic and supportive team. We are leaders in services and quality and my role is to ensure we continue to grow at a fast pace, keeping in touch with the diverse needs of our customs and of course to succeed through differentiation by leveraging on the integrated operator concept.

Certain governments are wary of such technologies and remain unsupportive of their implementation and advancement. How much encouragement and support has the Jordanian leadership shown in installing cellular and other communications technologies? Refer to the GoJ’s Executive Privatisation Commission – extract notes from EPC website.
The Government considers integrated communication and connectivity as the right of the people and a mainstay to the overall economic development of the Kingdom (as a hub in the Levant region) through private investment through share acquisition of Jordan Telecom. In an initial step towards privatization, the Government of Jordan (GoJ) incorporated the Telecommunications Corporation as a wholly-owned public limited company in 1997 based on Telecommunications law number 13 of 1995. The Corporation was renamed as Jordan Telecommunications Company on January 1, 1997 and was registered as a private company. This date marked a turning point for the company in all its fields of operations, with new administrative and financial independence.
• The Government, embarking on further steps to privatize JTC, sold 40% of its shares in the company in September 1999 to JITCO, a holding company consisting of France Telecom(88%) and the Arab Bank(12%). An agreement was signed on 23/1/2000 allowing the JITCO Consortium led by France Telecom, to enter the company with a 40 percent shareholding equity, while the Jordanian government retained a 60 percent stake.
• In February 2000, the Government sold a further 8% stake to the Social Security Corporation (SSC) for JD72million.
• In October,2002, the Government completed a US$86.2 million Initial Public Offering in Jordan for additional shares of JT stock equal to 5.5% of the company (to Jordanian institutional and retail investors) along with the placement of an additional 5% with SSC, leading to JT’s current ownership as follows:
GoJ: 41.5%
JITCO: 40%
SSC: 13:0%
Institutional and Retail Investors: 5.5%

The net returns of the sale of the government’s share equity in JT totaled, at 31st Dec. 2004, JD 468,147 million.
The stock is listed and traded on the Amman Stock Exchange.


SPONSORS

Arab Bank
Ayla
Sky Real Estate Investment Co.
AQABA development Corporation
GreenLand/KURDI Group
KADDB
Mawared Real Estate
Jordan Dubai Capital
MobileCom
TEAM
International Projects Director
Ambassador (ret.) Michael Ussery
Country Manager
Issa Matalka
Senior Writer
John Rosenberg
Deputy Director/Jordan
Balsam Maayah
Economic/Commercial Adviser
Dr.Hassan Al Barmawi
Project Assistant
Sharleen Sawalha

 

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