November 27 2022 9:36 PM E-paper Subscribe Sign in My Account Sign out

Orange Jordan to invest heavily in 5G — CEO

5G
5G high speed network connection. (Photo: Envato Elements)
AMMAN — Orange Jordan Chief Executive Officer Thierry Marigny said Saturday that his company will invest heavily in 5G technology in the Kingdom over the next few years, and revealed that the parent global group plans to inject more capital into its Jordanian branch for this purpose, according to the Jordan News Agency, Petra.اضافة اعلان

Marigny told Petra in an interview that the parent group will make available to its Jordanian branch the expertise it has gained from rolling out 5G technology in several countries, including France, Slovakia, Spain, and Poland.

To this end, the CEO brought up an agreement his company has recently signed with the Telecommunications Regulatory Commission, under which the telecom operators in the Kingdom will be allowed to use 5G frequencies.

The agreement stipulates that each telecom service provider is required to commit to the commercial rollout of 5G services and solutions within 18 months of the date the license is obtained.

The license to use 5G frequencies, according to Marigny, will serve as a springboard for the local telecommunications and information technology sectors, as well as for business models in all industries where digital solutions have become an integral component.

“The introduction of 5G services in the Kingdom promises a quantum leap,” Maringy said. “The potential that this technology will offer is immense and unheard of. It will enable the use of artificial intelligence, virtual reality, and the Internet of Things in novel contexts and across multiple sectors.”

Additionally, the 5G technology, which guarantees efficiency, speed, low latency, and high capacity, paves the way for a completely new interconnected digital ecosystem by serving as the foundation for smart cities and greater process automation, the CEO said.

Maringy noted that the 5G technology will also help various industries to raise performance and efficiency, lower investment costs, boost productivity and test out new business models. It will also encourage entrepreneurs to create cutting-edge applications for fields as diverse as medicine, agriculture, and more.


Read more Business
Jordan News