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Marius Miginis

Batelco launches LTE service in Bahrain | commsmea.com - 0 views

www.commsmea.com/aunches-lte-service-in-bahrain

Bahrain Batelco

shared by Marius Miginis on 03 Mar 13 - No Cached
  • Batelco, has become the first telco in the country to launch an LTE servic
  • Swedish vendor, Ericsson. Batelco launched the service on the 1.8 Ghz spectrum.
  • We have been working very proactively and Batelco has been an excellent partner to really anticipate the market here.
  • Marius Miginis on 03 Mar 13
     
    Batelco launched LTE service in 2013
Marius Miginis

Batelco's net profits slide 24.6% in 2012 | commsmea.com - 0 views

www.commsmea.com/-net-profits-slide-246-in-2012

Bahrain Batelco

shared by Marius Miginis on 23 Jan 13 - No Cached
  • reported net profits of BD60.3 million ($160m), a decline of 24.6% compared to the previous year’s profits of BD80 million
  • The group’s gross revenues stood at BD304.7 million for the year, a decline of 6% compared to the telco’s 2011 revenues of BD327 million
  • brighter news, Batelco continued to increase its proportion of revenues and earnings from outside Bahrain, a key pillar of its diversification plans.
  • ...5 more annotations...
  • 2012, some 41% of revenues were generated from markets outside of Bahrain, compared to 37% of revenues in 2011
  • s of 31 December 2012, net assets were BD520.2 million with net debt of BD18.4 million and cash and bank balances of BD95 million.
  • This includes 17% growth in mobile customers and 52% growth of the broadband subscriber base
  • 7.8 million across six markets
  • Jordan and Yemen
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