to download the latest Annual Report in PDF (2.2 MB) - Batelco Group
to download the latest Annual Report in PDF (2.2 MB) - Batelco Group
to download the latest Annual Report in PDF (2.2 MB) - Batelco Group
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The <strong>Batelco</strong> <strong>Group</strong>, listed on <strong>the</strong> Bahra<strong>in</strong> Bourse {Bahra<strong>in</strong><br />
Telecommunications Company (BATELCO)}, operates across 6 markets<br />
<strong>in</strong> <strong>the</strong> MENA region. The <strong>Batelco</strong> <strong>Group</strong> serves <strong>the</strong> consumer, corporate<br />
and wholesale markets <strong>in</strong> Bahra<strong>in</strong> and also delivers cutt<strong>in</strong>g-edge fixed and<br />
wireless telecommunication services <strong>to</strong> its cus<strong>to</strong>mers <strong>in</strong> Jordan, Kuwait,<br />
Egypt, Saudi Arabia and Yemen.<br />
<strong>Batelco</strong>’s overseas operations cont<strong>in</strong>ue <strong>to</strong> add value <strong>to</strong> <strong>the</strong> <strong>Group</strong> and <strong>in</strong> 2012 contributed 41% of revenues and<br />
39% of EBITDA. The <strong>Group</strong>’s successful expansion strategy is establish<strong>in</strong>g <strong>the</strong> <strong>Batelco</strong> name as a dependable and<br />
reliable Company throughout <strong>the</strong> MENA region and has resulted <strong>in</strong> over 7.8 million subscribers, equivalent <strong>to</strong> an<br />
18% year-on-year <strong>in</strong>crease over 2011. Follow<strong>in</strong>g <strong>the</strong> announcement <strong>in</strong> December 2012 of <strong>the</strong> <strong>Group</strong>’s plans <strong>to</strong> acquire<br />
operations across 11 markets from Cable & Wireless Communications, <strong>the</strong> <strong>Group</strong> is look<strong>in</strong>g forward <strong>to</strong> reap<strong>in</strong>g <strong>the</strong><br />
benefits of greater diversification, depth of service portfolio and people expertise comb<strong>in</strong>ed with revenue and<br />
subscriber growth.<br />
Umniah - Jordan<br />
Etihad A<strong>the</strong>eb Telecom<br />
- Saudi Arabia<br />
<strong>Batelco</strong> Egypt - Egypt<br />
SabaFon - Yemen<br />
Quality Net - Kuwait<br />
20<br />
<strong>Batelco</strong><br />
ANNUAL REPORT 2012<br />
<strong>Batelco</strong><br />
ANNUAL REPORT 2012<br />
21
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