VOL. XLI

No. 44

2-November-1998

JORDAN

Jordan Postpones Telecom Privatization

On 27 September Jordan announced that it had postponed the sale of 40%of Jordan Telecommunications Corporation (JTC) after Southern Bell Corporation of the US,one of the two bidders, withdrew. After Tuesdays regular cabinet meeting, Mr. FayizTarawnah, the Jordanian Prime Minister, said "we have decided to stop the process oflooking into this tender after one of the companies we were negotiating with pulled out.Now, we...