Batelco
 | |
 | |
| Type | Public |
|---|---|
| BHSE:BEYON | |
| Industry | Telecommunications |
| Founded | 1981 |
| Headquarters | , Bahrain |
Area served |
|
Key people |
|
| Products | |
| Services | Integrated Communications |
| Revenue |  $1.127 billion (2023)[1] |
| $275.9 million (2023)[1] | |
| $191 million (2023)[1] | |
| Total assets | $3.01 billion (2023)[1] |
Number of employees | 936 (2022) |
| Subsidiaries | |
| Website | batelco.com |
Bahrain Telecommunication Company BSC, trading as Batelco (Arabic: بتلكو), is the principal telecommunications company in Bahrain. The company's headquarters are in Hamala, Bahrain, and the company is listed on the Bahrain Bourse. The Chairman of the Board is Abdulla Bin Khalifa Al Khalifa. On December 2022, the company was inquired by Beyon, and was later to be called Batelco by Beyon.
The company provides services for mobiles through UMTS 2100 and LTE 1800 (the GSM network was shut down on 31 December 2019[2]) while its residential Internet is an ADSL, Wireless (4G/5G) or FTTH service. Batelco is one of Bahrain's five Internet service providers.
Batelco is a telecommunications company. The origin of the name consists of two words, Bahrain & Telecommunication, which was mixed into Batelco.
History
[edit source]Batelco was established in 1981 as a Bahraini public joint stock company and has an authorized share capital of BD200 million (US$531 million).
Batelco's major shareholders include Orascom Investment Holding (60%) and the Government of Bahrain (through Mumtalakat Holding Company, Amber Holding Company and Social Insurance Organisation; 40%), various financial and commercial organizations, and private Bahraini, Gulf Cooperation Council (GCC) countries and international investors.
See also
[edit source]References
[edit source]- 1 2 3 4 "Beyon's 2023 revenue soars to $1.1bn; net profit up 2pc". tradearabia.com. 28 February 2024. Retrieved 24 March 2022.
- ↑ "Batelco to shut down 2G network". TeleGeography. 18 October 2019. Retrieved 22 December 2020.
External links
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