Mohammad Saqer CEO of Fastlink will be a key speaker at the forum's plenary sessions. Saqer will address the private sector's role in improving education and the need to create productive human resources capable of taking decisions and adapt to the changes that will help spur economic reforms.
He will discuss the importance of having a true public-private sector partnership in order to find an environment that will contribute to the aspired economic growth.
Mr. Saqer will also focus on the need to develop human resources, and attaching special importance to the education sector. His speech will underline the need of bridging the gap between the sector's supply and the labor market's demands in a manner that goes in tandem with the globalizations trends world wide.
He said, "The World Economic Forum has special importance this year. It takes place against a backdrop of international changes both in the region and worldwide. It calls for combining efforts in order to reach a formula that will put an end to outstanding problems, chief amongst them are poverty and unemployment."
"Public-private partnerships offer an important new approach that has the potential to drive innovation, improve governance, raise living standards and provide opportunity to millions of people. They deserve continued support, engagement and evaluation from business leaders. At MTC, we are committed to supporting economic, political, and educational reform efforts in the Middle East," said MTC Group in a statement.
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MTC and Fastlink - key partners and sponsors of the World Economic Forum
- Jordan: Thursday, May 19 - 2005 at 16:30
- PRESS RELEASE
In line with their commitment to the development process in the region the Mobile Telecommunications Company (MTC) and Fastlink, the leading GSM operator in Jordan, are sponsoring the World Economic Forum.
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About FastlinkJordan Mobile Telephone Services Company Ltd. "Fastlink", founded in 1995, was the first operator to introduce mobile phone services into Jordan. In just a few years, the company earned its reputation as the most progressive telecom operator in the region in terms of competitiveness and readiness to adopt new technologies and deploy cutting-edge services. Since its inception, Fastlink has tallied subscriber growth at an exponential rate, with the number of users currently exceeding 1,300 million subscribers. Through more than 1,700 cell sites, Fastlink covers the entire populated area of the Kingdom. In January 2003, Mobile Telecommunications Company K.S.C. (MTC) acquired Fastlink in what was considered the largest single acquisition in the Middle East area, and the largest private sector investment in Jordan.
MTC Group
Mobile Telecommunications Company (MTC) was founded in 1983 and today is one of the largest mobile operators in the Middle East and Africa, with more than 9.5 million customers in Kuwait, Bahrain, Jordan, Iraq, Lebanon and 13 countries in Africa. MTC is listed on the Kuwait Stock Exchange.
In September 2002, MTC entered into a Partner Network Agreement with Vodafone, the world's leading mobile community, in Kuwait creating MTC Vodafone Kuwait. In 2003 MTC continued its expansion with the acquisition of 96.4% of Fastlink in Jordan.
MTC's aspiration did not slow down and in 2003 MTC-Vodafone Bahrain was launched with the first 3G/EDGE nationwide network in the world. In 2004 the MTC Atheer service was launched in Southern Iraq, and today covers Baghdad as well.
2004 also witnessed the government of Lebanon handing over the management of one of two mobile networks (Mic2) to the MTC Group, which is known now as mtc touch.
Most recently in March of 2005 MTC acquired Celtel International, a Duch communications network company with major interests in 13 Sub-Saharan African countries, in one of the biggest telecom deals in the Middle East and Africa worth $ 3.36 billion.
MTC Group now operates in 18 countries. With this deal MTC Group has completed its first phase of its 3x3x3 strategy which entails becoming a global operator with more than 15 million customers by 2011. MTC will continue to expand internationally through acquisitions, partnerships and green-field opportunities.
For More information, please contact:
Suha Halaseh
Sr. Press Officer
Fastlink
Tel: 00962 6 5828100 Ext: 2016
Fax: 00962 6 5817077
Posted by Christine H. Andersen, Assistant News EditorThursday, May 19 - 2005 at 16:30 UAE local time (GMT+4)
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