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Batelco, Ericsson team up to launch 5G network in Bahrain

Batelco, Ericsson team up to launch 5G network in Bahrain
The services will be implemented in various regions in the GCC nation over the coming three years
Batelco
BATELCO
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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 coming three years, Batelco said in a statement on Sunday.

On 27 March, the firm’s shareholders approved distributing a cash dividend of 27.5 fils per share for the full fiscal year 2018.

During the full-year 2018, Batelco reported a 1,335% year-on-year surge in net profits attributed to shareholders, logging BHD 50.1 million, compared to BHD 3.5 million.