Highest ever revenues grossed by Batelco Bahrain in 2009
www.WirelessFederation.com/news: US$920.2 million, the highest ever gross revenues and US$278.5 million, the highest ever net profit has been recorded by Bahrain based Batelco in 2009. Besides, the company had a 9% growth year-on-year.
5.1 million Mobile subscribers, 19% year on year increase, and 200,000 Broadband customers by Batelco has been attributed to its expansion strategy in Bahrain, Jordan, Kuwait, Yemen and India.
At the end of 2009, Batelco Bahrain had 822,000 active mobile subscribers, 85,000 broadband customers and 200,000 fixed lines.
According to Group Chairman Shaikh Hamad bin Abdulla Al Khalifa, the operator has maintained its market leadership in Bahrain, continued to grow across the Middle East region and got off to a successful start in India, despite the highest competitive intensity in every market.