Batelco
In this article, we are going to delve deeper into the topic of Batelco, exploring its many facets and providing a holistic view that allows the reader to better understand its importance and relevance in different contexts. From its impact on modern society to its influence on the personal level, Batelco is a topic that continues to arouse interest and generate debate. Through in-depth analysis and a wide range of examples, we will examine the various dimensions of Batelco, addressing its global implications and highlighting its role in shaping our current environment. Whether you are an expert in the field or simply curious to learn more, this article promises to offer a rich and insightful perspective on Batelco.
 | |
| Company type | Bahraini Shareholding Company (B.S.C) |
|---|---|
| BHSE:BEYON | |
| Industry | Telecommunications |
| Founded | 1981 |
| Headquarters | , Bahrain |
Area served |
|
Key people |
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| Products | |
| Services | Integrated Communications |
| Revenue |  $1.127 billion (2023) |
| $275.9 million (2023) | |
| $191 million (2023) | |
| Total assets | $3.01 billion (2023) |
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 Bahrain and the company is listed on the Bahrain Bourse. The Chairman of the Board is Abdulla Bin Khalifa Al Khalifa.
It provides services for mobiles through UMTS 2100 and LTE 1800 (the GSM network was shut down on 31 December 2019) while its residential Internet is an ADSL, Wireless (4G/5G) or FTTH service. Batelco is one of Bahrain's five Internet service providers.
Ownership
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 countries (GCC) and international investors.
Employees
Batelco employs approximately 936 people in Bahrain. Mikkel Vinter is the current chief executive officer of Batelco.
See also
References
- ^ a b c d "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.
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