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February 11, 2016 8:42 AM ET

Wireless Telecommunication Services

Company Overview of Umniah Mobile Company PSC

Company Overview

Umniah Mobile Company PSC provides mobile, Internet, and business solutions for personal and business customers. It offers postpaid and prepaid plans, and international and roaming plans; messaging, voice and balance, and data and applications; and mobile devices, tablets, and Internet devices. The company also provides postpaid and prepaid broadband services; and managed security devices, security information and event management, cloud-based vulnerability management services, and others. In addition, it offers mobile financial services; and enterprise solutions, such as VPN, MPLS, global MPLS, international private leased circuits, exchange emails, virtual private servers, Website hosting ...

Queen Noor Street

Shmeisani Area

PO Box 942481

Amman,  11194

Jordan

Founded in 2005

Phone:

962 788 001333

Fax:

962 6 562 1544

Key Executives for Umniah Mobile Company PSC

Chief Executive Officer
Age: 47
Chief Financial Officer
Head of Legal Affairs
Director of Human Resources and Corporate Affairs
Distribution & Customer Care Director
Compensation as of Fiscal Year 2015.

Umniah Mobile Company PSC Key Developments

Bahrain Receives Numerous Offers For Umniah

Bahrain Telecommunications Company BSC (BAX:BATELCO) announced in an exchange filing that it received a number of non-binding offers for its Jordanian wireless arm, Umniah Mobile Company PSC. The group and its advisers will now evaluate the offers, although no timeframe for the assessment process was given, nor were the identity of the bidders revealed.

BATELCO Reaches Out For Umniah Mobile's Sale

Bahrain Telecommunications Company BSC (BAX:BATELCO) has reached out to potential buyers including Emirates Telecommunications Corporation (ADX:ETISALAT) and Ooredoo Q.S.C. (DSM:ORDS) about sale of Umniah Mobile Company PSC, according to people with knowledge of the matter. BATELCO has also approached other companies and private equity firms about a possible sale of Umniah Mobile nearly a year after appointing Citigroup Inc as an adviser on the disposal, the people said, asking not to be identified as the information is private.

Umniah Obtains License to Launch Mobile 4G Services

Umniah Telecom announced that it has officially obtained a license to launch its 4G wireless network with a frequency of 1,800 MHz, at a value of approximately $100 million. By the end of 2017, Umniah’s investment in the expansion and modernization of its wireless network will reach $500 million, including the launch of its 4G fixed broadband services. This latest milestone is part of the company’s long-term strategy to promote and expand its mobile 4G services to reach all segments of the Jordanian society. The company will also launch its fixed 4G network to target both homes and businesses, with super high speeds of up to 150 Mbps.

Similar Private Companies By Industry

Company Name Region
Petra Jordanian Mobile Telecommunications Co., Ltd. Middle East/Africa
Cellular Integrated Services Company Middle East/Africa
Jordan Mobile Telephone Services JMTS Middle East/Africa
Umniah Mobile Company PSC Middle East/Africa
New Generation Telecommunications Company Middle East/Africa

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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