Batelco profits up 16%

25 Apr 2005

Bahraini fixed line and mobile operator Bahrain Telecommunications Company (Batelco) has reported revenues of BHD52.6 million for the end of the first quarter 2005, up 5%, with profits rising by 16% to BHD22.5 million. The telco attributed the positive results to an increase in the number of mobile subscribers, as well as strong take-up of its broadband offerings.

Bahrain, Bahrain Telecommunications Company (Batelco)