Amman, Jordan (CNN) – Umniah, the Jordanian mobile operator, made waves on Wednesday with the launch of its cutting-edge fifth-generation (5G) mobile services. Taking a leap ahead of its rivals, the company swiftly rolled out this groundbreaking technology in major urban areas.
Umniah, having secured the license earlier this year, joined forces with Ericsson in the initial phase of the deployment. Chief Executive Faisal Qamhiyah shared with Reuters that the existing 4G network underwent a significant upgrade.
With a bold vision in mind, Umniah plans to inject an additional $300 million over the next four years to expand the network’s coverage, aiming to reach half the population. This strategic move demonstrates the company’s commitment to providing top-notch telecommunications services.
Industry experts estimate Jordan’s telecom services market to be valued at a staggering $1.2 billion. Alongside Umniah, Kuwait-based telecommunications group Zain and Orange Jordan are the primary players in this dynamic market.
Don’t forget to Subscribe our channel & Press Bell Icon.
Umniah stands as a majority-owned subsidiary of Bahrain-based Beyon, which also holds Bahrain Telecommunications Company Batelco BSC.
In a lucrative deal, the government granted 5G licenses to the three leading operators, amassing around $100 million in revenue, as confirmed by officials.
As Umniah revolutionizes the mobile landscape with its advanced 5G services, the competition is sure to intensify in this thriving telecommunications market. Stay tuned for the latest developments in Jordan’s fast-paced telecom sector.
Subscribe our website for latest updates:
https://republicpolicy.com/shop/
Read More
