Batelco said its 123Call and PPCC prepaid cards will be suspended by December 31
Bahrain-based telecoms operator Batelco will phase out its prepaid calling cards by the end of the year, the company has announced.
In a statement, Batelco said its 123Call and PPCC prepaid cards will be suspended by December.
All customers have been advised to consume the remaining balance on their cards by that date.
In a statement, the company said that it “continues to revise its products and services portfolio in order to deliver the most relevant and in-demand services, ensuring reliability and value for money.”
In July, Batelco reported an an 18 percent rise in net profit to BD34 million ($90.1 million) for the first six months of 2019.
The telco said an impairment loss of BD20.3 million on its investment in its associate company in Yemen was compensated by a gain of BD27.2 million in Q2 from the sale of Qualitynet, the company’s subsidiary in Kuwait.
Net profit of BD19.4 million was reported in Q2, a 24 percent increase over the corresponding period of 2018.
The telco also posted a 1 percent increase in revenues to BD201.7 million over H1 2018, boosted by strong performance in the home market despite a challenging environment.