Bahrain Telecommunications Company (Batelco) has reported its end-of-year results for its operations across seven countries in the Middle East, North Africa and India. Gross revenues reached BHD327.0 million (USD867.4 million) in the year ended 31 December 2011, down 4% from BHD340.3 million the previous year, reflecting ‘challenging market conditions and competitive pressures’ in its domestic market, whilst Batelco continued its drive to diversify its operations
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OVETEL Batelco’s group subscribers up 20% annually
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