Batelco confirms investments worth BHD 26m in broadband network

Mubasher: Bahrain Telecommunications Company (Batelco) confirmed on Wednesday reports about investing BHD 26 million in a broadband network and developing the country’s Communications infrastructure.

Batelco said that the investment comes as part of Bahrain’s fourth national telecommunications plan, according to a bourse statement.

The stock fell in today’s mid trading by 0.7% to BHD 0.28.

Mubasher Contribution Time: 16-Nov-2016 09:57 (GMT)
Mubasher Last Update Time: 16-Nov-2016 09:57 (GMT)