JORDAN TELECOMMUNICATIONS COMPANY
- The privatization of Jordan Telecommunications Company was one of the most significant transactions along the Kingdom’s privatization roadmap. To ensure that the process was conducted carefully and intelligently, Capital Investments was brought on board as a financial advisor.
- In 2000, 40 percent of the government’s stake in Jordan Telecommunications Company was sold to an international consortium led by France Telecom (now Orange S.A.). At that time, the USD508 million sale was the largest privatization transaction in Jordan’s history, and allowed Jordan Telecom to significantly improve, expand, and scale up its operations, thanks to the global expertise of its new partner.