Market intelligence, trend analysis and forecasts for the Telecoms industry across the regions

Companies / Bahrain

Batelco Reports On Positive Results And Future Growth Strategy

April 2006 | Company Finance Alert

Bahrain-based telecoms operator Batelco has reported positive financial results for Q106, against a highly competitive environment, with penetration rates surpassing the 100% mark. The operator reported a 3.5% increase y-o-y in its net profits to BHD23.5mn, while adjusted earnings per share stood at BHD0.19, against BHD0.23 in Q105.

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