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Bahrain Telecommunications BSC (BATELCO)

Last update: 3 June 11:17 AM market time.
0.38
0.00
0.27%
Open 0.38
Previous Close 0.38
High 0.38
Low 0.38
Stock Statistics
Volume 57,500
Turnover 21,677.50
All data are 15 minutes late during market session

News

Total assets increased to BHD 992.9 million
20 February 07:48 PM Batelco’s profit rises 3% YoY in 2019
Mubasher: Bahrain Telecommunication Company (Batelco) has posted a 3% year-on-year profit increase during the fiscal year 2019. The company’s net profit attributed to shareholders rose to BHD 51.6 million ($136.9 million) last year, compared to …
Batelco is keen on launching the latest 5G technologies
5 February 05:54 PM Batelco teams up with du to launch 5G int’l roaming in UAE
Mubasher: Bahrain’s leading digital solutions provider Batelco announced its partnership with Emirates Integrated Telecommunications Company (du) to deliver 5G international roaming services in the UAE. Making Batelco the first Bahraini operator …
Chief Global Business Officer, Adel Al Daylami
9 January 04:46 PM Batelco boosts global connectivity solutions via ‘Google Cloud Interconnect’
Mubasher: Bahrain’s leading digital solutions provider, Batelco, has unveiled 'Google Cloud Interconnect', a new development that strengthens the company’s cloud services and bolsters its global connectivity solutions through a secure, reliable, …
Batelco's official at the new branch
29 December 2019 03:40 PM Batelco inaugurates new retail branch in Saar Mall
Mubasher: Bahrain Telecommunication Company (Batelco) has opened a new retail branch in Saar Mall to meet the various needs of customers and the area’s residents. The inauguration was attended by the Northern Governor, Ali bin Al Shaikh Abdul …
Manama-IX is a neutral internet exchange platform
17 September 2019 05:10 PM Manama-IX internet exchange platform welcomes global networks
Mubasher: Bahrain Telecommunication Company (Batelco) has announced that internet traffic exchange platform Manama-IX is ready to enable businesses to interconnect with local, regional, and global networks through its integrated platform, …
Operating profits increased to BHD 40.9m in H1
25 July 2019 05:42 PM Batelco posts $90.2m profit in H1-19; Board approves cash dividends
Mubasher: Bahrain Telecommunication Company (Batelco) has reported an 18% year-on-year profit increase during the first six months of 2019, recording  BHD 34 million ($90.2 million). The company’s revenue went up by 1% year-on-year to BHD 201.7 …
Each company will hold a 50% stake in the JV
24 June 2019 09:06 AM Du inks JV deal with Bahrain’s Batelco
Dubai – Mubasher: Emirates Integrated Telecommunications Company (du), listed on the Dubai Financial Market (DFM), on Monday announced it has signed a joint venture (JV) agreement with Bahrain Telecommunication Company (Batelco). Upon the …
This partnership offers flexible and reliable data connectivity
18 June 2019 04:57 PM Batelco boosts partnership with Tata Communications
Mubasher: The leading digital communications solutions provider Batelco has extended its partnership with Tata Communications, a leading global digital infrastructure Indian provider. This partnership offers flexible and reliable data connectivity …
Batelco is committed to supporting the kingdom’s vision for the digital economy
9 June 2019 01:11 PM Batelco to deliver commercial 5G services for first time in Bahrain
Mubasher: Bahrain Telecommunications (Batelco) announced the commercial launch of fifth generation (5G) wireless technology services in Bahrain. The kingdom’s leading digital solutions provider will be the first in Bahrain to provide commercial 5G …
The legal split announcement was made during a press conference
14 May 2019 10:20 AM Batelco announces legal split to two independent entities
Mubasher: The transportation and telecommunications minister of Bahrain, Eng. Kamal bin Ahmed Mohamed, has announced the completion of Bahrain Telecommunications (Batelco)’s legal separation process as part of implementing the fourth National …
The rise in Q1-19 profits was attributed to a 1.72% growth in revenues
2 May 2019 04:38 PM Batelco logs BHD 14.6m profit in Q1 on higher revenues
Mubasher: Bahrain Telecommunication Company (Batelco) reported an 11.4% year-on-year increase in profits during the first quarter of 2019, boosted by higher revenues. Batelco’s profits reached BHD 14.61 million ($39.06 million) in Q1-19, compared …
Batelco's Maha Abdulrahman and Gulf Air’s Vincent Coste
14 April 2019 02:37 PM Batelco, Gulf Air renew partnership agreement for 3 years
Mubasher: Batelco and Gulf Air, the national carrier in Bahrain, have renewed their partnership agreement for a three-year period to provide Batelco’s Al Dana Club members and high valued customers with superior benefits. This partnership between …
Shares of QualityNet will be transferred to Viva
9 April 2019 03:30 PM Batelco inks deal with Viva to sell Kuwait’s QualityNet
Mubasher: Batelco has signed a share purchase agreement (SPA) with Kuwait Telecommunications Company (Viva) to sell its 90% share of its Kuwait subsidiary, QualityNet General Trading and Contracting Company. Bahrain-based regional …
The new company aims to reach 1.4 million homes and businesses
3 April 2019 01:49 PM Batelco’s unit, Jordanian Electric ink partnership deal
Mubasher: Bahrain Telecommunication Company’s (Batelco) Jordanian unit, Umniah, on Wednesday announced signing a partnership agreement with Jordanian Electric Power Co. (JEPCO). Under the deal, a new company will be established for setting up the …
The services will be implemented in various regions in the GCC nation over the coming three years
1 April 2019 09:31 AM Batelco, Ericsson team up to launch 5G network in Bahrain
Mubasher: Bahrain Telecommunication Company (Batelco) signed a partnership agreement with Ericsson to launch fifth-generation (5G) network services in the country. The services will be implemented in various regions in the GCC nation over the …
Batelco last reported a 1,335% leap in 2018 net profits attributed to shareholders
27 March 2019 04:55 PM Batelco shareholders nod to 27.5 fils/shr dividends for 2018
Mubasher: Bahrain Telecommunication Company’s (Batelco) shareholders have approved to distribute a cash dividend of 27.5 fils per share for the full fiscal year 2018, according to a statement to the Bahrain Bourse (BHB). Batelco last reported a …
Etisalat was named the most valuable telecoms brand in the region
7 March 2019 02:53 PM 8 GCC telecom firms among top valuable brands in 2019
By: Mahmoud Gamal Abu Dhabi – Mubasher: Eight GCC telecommunications companies ranked among the world’s 300 top valuable telecoms operator brands in 2019, according to a recent study by Brand Finance. The UAE telecom operator Emirates …
Batelco has always aimed at providing the latest digital and technical solutions
5 March 2019 04:05 PM Batelco inks deal with Interxion for Marseille PoP
Mubasher: Bahrain Telecommunications  (Batelco) has signed an agreement with the New York-listed Interxion Holding, a leading European provider of carrier and cloud-neutral colocation data centre services, according to a press statement on …
The new platform is designed to support Bahrain’s digital economy
26 February 2019 11:53 PM Bahrain’s Batelco launches carrier-neutral digital business platform
Mubasher: The Bahraini digital solutions provider Batelco has launched a carrier-neutral digital business platform based on a highly secured Tier III Data Centre. Named Global Zone, the new platform is designed to support Bahrain’s digital economy …
Revenues for Q4-18 increased by 2% to BHD 104.4 million ($276.9 million)
21 February 2019 05:22 PM Batelco FY18 profits to shareholders leap to BHD 50m
Mubasher: Bahrain Telecommunications (Batelco) achieved a jump of 1,335% in net profits attributed to shareholders to BHD 50.1 million ($132.9 million) during fiscal year 2018 compared to BHD 3.5 million ($9.3 million) in 2017, according to a …
This expansion in Europe enables Batelco to enter new markets
17 February 2019 00:23 PM Batelco Gulf Network expands in Europe, becomes ‘Batelco Global Network’
Mubasher: Batelco announced that Batelco Gulf Network has expanded its investment plans into Europe and been transformed to become Batelco Global Network (BGN), according to a recent press release. The network is an international cable system …
VIVA is working on obtaining the required approvals to end the transaction.
4 November 2018 09:58 AM VIVA inks deal with NBK, BATELCO to buy Qualitynet
Mubasher: Kuwait Telecommunication Company (VIVA) on Sunday announced that it has inked an initial agreement with both National Bank of Kuwait (NBK) and Bahrain Telecommunications (BATELCO) to buy Qulitynet Company. VIVA will buy the entire …
Batelco will support the SCH in the planning process for Sehati programme
10 September 2018 04:40 PM Batelco inks deal with Supreme Council of Health on Sehati
Mubasher: Batelco announced it has signed an agreement with the Supreme Council of Health (SCH) on Sunday, 2 September 2018, in support of the National Health Insurance Programme (Sehati), according to an official statement on Monday. The leading …
Batelco posted a profit of BHD 15.7 million in Q2-18
19 July 2018 04:37 PM Batelco posts BHD 29m profits in H1, to pay 10% dividends
Mubasher: The board members of Bahrain Telecommunications (Batelco) agreed to distribute 10% of the capital as cash dividends for the first six months of 2018. Batelco will pay 10 fils per share as a dividend for H1-18, according to a bourse …
Batelco Gulf Network’s cable runs over the state-of-the-art Optical Transfer Network
1 April 2018 04:03 PM Batelco launches new network to service GCC area
Mubasher: Batelco, the Bahraini leading digital solutions provider, announced on Sunday the launch of Batelco Gulf Network (BGN), an international cable system providing the GCC region with an additional option for both regional and international …