30 Apr 2015
(MENAFN) Bahrain Telecommunications Co (Batelco) recorded USD37.66 million net profit in the first quarter of the year, marking a decline by 2 percent year-on-year, Arabian Business reported.
The net profit recorded in the corresponding period a year ago was USD38.17 million. Additionally, revenues also decreased to USD246.6 million due to aggressive pressures on some of it operations.
“While customer numbers continue to grow, the intensity of competition in the consumer market is impacting ARPU (average revenue per user),” Batelco’s acting chief executive said.
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year