Batelco to invest BHD40 million

23 Nov 2005

Bahrain Telecommunication Company (Batelco) has revealed plans to spend BHD40 million (USD106 million) on the upgrade of its mobile and fixed line infrastructure. The telco says the investment is part of its business strategy aimed at expanding its customer base. Batelco claimed around 200,000 fixed line customers at the end of 2004, while its mobile arm had around 560,000 subscribers at the end of June 2005.