Alrai - Umniah Company for Mobile Phones and Jordan Electricity Company officially announced yesterday the commencement of the activity of Jordan Fiber Optic Company (FiberTech) with a capital of JD 40 million after completing all the procedures of establishment and licensing.

The objectives of the company, the first of its kind in Jordan and the region, to provide a new telecommunications infrastructure through the installation of a fiber optic network (fiber) in the areas of operation of the Jordan Electricity Company, in addition to connect smart meters and electrical network components owned by Jordan Electricity, and will provide Internet services High-speed wholesale for telecommunications companies and ISPs to benefit approximately 1.3 million homes and businesses in Amman.

This came during a press conference at the Telecommunications Regulatory Authority (TRA) during which the signing of an individual telecommunications license was signed by the Chairman of the Board of Commissioners Dr. Ghazi Al-Jabour, the Chairman of the Board of Directors of the Jordanian Fiber Optic Company (Othman Bedair) and the CEO of Umniah Eng. cleverness.

FiberTech is a joint venture between Jordan Electricity Company (51%) and Umniah (49%), which was established in February 2019 to provide a new infrastructure to provide high-speed Internet services to approximately 1.3 million people. Houses, businesses and installations.

Jabour said that one of the most important challenges facing fiber services is the agreements that municipalities require when delivering this service to their areas, pointing out that each municipality has new demands different from the other, which is an obstacle to the spread of this service.

Jabour pointed out during the press conference the importance of the decision to grant the company the individual license, which is characterized by the quality of services that the company intends to provide, and the expected geographical spread, which will contribute to the deployment of high-speed Internet services using fiber-optic cables and in all areas to which the Jordan Electricity Company.

He expected these services to contribute to increase the added value of economic and investment activities and provide advanced services to beneficiaries and all segments of society.

For his part, the Chairman of the Board of Directors of the Jordanian Fiber Optic Company (FiberTech), Osman Bedair, considered the company as a quality addition to the Jordanian market and for the individual and corporate subscribers, where the fiber-optic network (Fiber) will enable them to access the Internet at high speeds and great reliability, making it easier for them Exchange of data and content.

He explained that the new company will start drilling and implementation of the extension of fiber-optic (fiber) network and the deployment of high-speed Internet services in the capital Amman from the region of Tabarbour, Al-Baraka and Al-Khaldi, while providing services to the rest of the regions in accordance with a plan prepared in advance.

He expressed his hope that the company will be an active supporter of the government plans to accelerate the process of digital transformation in the Kingdom in various types of life applications, pointing out that the new company will provide hundreds of direct and indirect employment opportunities, and enhance Jordan's position in terms of digital readiness and e-transactions worldwide.

Bedair stressed that the company will achieve significant financial and moral returns for its investors and partners, and the national economy in general through the application of an advanced business model that integrates the energy and telecommunications sectors, in addition to revolutionizing the billing process and strengthening the capacity of the Jordan Electricity Company in maintaining the continuity of electricity delivery to subscribers.

In turn, Chairman of the Jordan Electricity Company, Issam Bedair, said, “We look forward with hope and optimism, through this pioneering project, to continue and enhance the march of our company, which was launched since 1938 in the service of the nation and the citizen, and to improve our services and achieve great value and benefits for the company's subscribers, shareholders and the economy. National in general ».

He added: «Through the new company we will build a fiber optic network (fiber) covering the entire service areas of the Jordan Electricity Company in order to provide advanced communications services for those who want, in addition to using that network also to connect smart electricity meters in addition to the components of the electrical network to allow the company to provide Better services in the field of fault treatment, continuity of electricity service, waste treatment, billing and combating the phenomenon of unlawful use of electricity.

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