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Batelco plans $16mn broadband expansion

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 28 October 2007
A shot of Batelco's headquarters in Bahrain. The operator is looking to expand its broadband network.
A shot of Batelco's headquarters in Bahrain. The operator is looking to expand its broadband network.

Bahraini operator Batelco plans to invest $16 million to expand its broadband network offering voice, and data services to the whole country by August 2008, Middle East Economic Digest reported.

The expansion will include adding the towns of Al-Jazaer, Al-Wadi, Awali and Sakhir, to its broadband network, taking the total of cost the project to $57 million, the London-based weekly said in its latest issue.

Bahrain's opened up its telecommunications market to competition in 2004, but Batelco retains a monopoly on fixed lines, Internet and datacomm services in the Gulf Arab kingdom.

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Batelco's profit jumped 11.8% to 25.91 million dinars in the third quarter 2007, its second-biggest profit ever.

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