Tag: Batelco

Umniah CEO Ziad Shatara

The Evolution of Umniah

Umniah CEO Ziad Shatara is overseeing an ambitious plan to transform his company from a mere mobile operator into a complete digital service provider. Umniah set up shop in Jordan in 2005, breaking the duopoly that had existed in the…

Umniah CEO Ziad Shatara

Umniah on the Up

Now that the uncertainty surrounding its possible sale has been put to rest, Umniah is keen to show that it remains one of the big hitters in Jordan’s competitive telecoms market by releasing a package of new services with 4G…

Feeling the Squeeze, Orange Comes Out Fighting

A revamped range of mobile packages is just one of the ways Orange Jordan CEO Jerome Henique is trying to stay ahead of the competition amidst tougher than ever trading conditions. By Laith Abou-Ragheb As well as spending millions of…

Batelco Cancels Planned Umniah Sale

Bahrain’s Batelco has cancelled its planned sale of Umniah, citing market conditions. “We’re going to terminate the sale process. It’s not an optimal time to sell, it’s an optimal time to buy. Prices are reducing, the appetite of so many…

Batelco Receives Bids for Umniah

Bahrain’s Batelco said it has received bids to buy Umniah, ending months of speculation surrounding the possible sale of Jordan’s third biggest telecom operator. “After a detailed review of the asset by Batelco and its financial advisor, it was decided…

Batelco to Sell Umniah?

There are strong signs that Umniah, one of Jordan’s big three mobile operators, could be put up for sale. Batelco, the Bahraini telco that bought a majority stake in Umniah for just over $400 million in 2006, has mandated Citigroup…