Batelco completes company split

14 May 2019

Bahrain’s Minister of Transportation and Telecommunications, Kamal bin Ahmed Mohamed, has announced the process of legally separating and restructuring Batelco into retail and wholesale divisions has now been completed. According to the Minister, the new infrastructure company will work with the government to create a fibre-optic network providing residents in all areas of the country with high-speed internet access, in line with the government’s Economic Vision 2030 and the Fourth National Telecommunications Plan.

Batelco’s chairman, Abdulla bin Khalifa Al Khalifa, claimed the restructuring ‘is going to create new horizons for Batelco, opportunities to invest in digital technology and, furthermore, create new and diverse revenue streams which is in line with the Kingdom’s vision for the growth of the digital economy.’