Batelco 9M revenues drop 2% to USD719m

4 Nov 2016

Bahrain Telecommunications Company (Batelco) has reported gross revenue of BHD273.022 million (USD719.122 million) for the nine months ended 30 September 2016, down 2% on an annualised basis from BHD279.624 million. Of the total, BHD142.008 million was derived from ‘mobile services’, where Batelco’s domestic unit contributed the lion’s share of the 9M16 top-line, generating a total of BHD110.677 million. In terms of profit attributable to Batelco shareholders, the operator reported a figure of BHD32.454 million, down 21% from BHD40.917 million in 9M15.

Bahrain, Bahrain Telecommunications Company (Batelco)