Batelco Dismisses Bahrainis, Notifies Dozens of Terminating their Services
Batelco, Bahrain Telecommunication Company, has begun to dismiss and notify many Bahraini employees of subjecting them to a trial period of 60 days to test their skills, although some of them have been working for decades of outstanding performance at the company.
Standard and Poor's Lowers Batelco's Outlook
Standard and Poor's Global Ratings revised its outlook on Batelco to stable from positive and affirmed its 'B+/B' long- and short-term issuer credit ratings.
Batelco Announces Phasing out Prepaid Calling Cards by End of 2019
áÂatelco, in line with the changing telecommunication environment, has announced that it will be phasing out its Prepaid Calling Cards (123Call & PPCC) with the service being suspended by 31st December 2019.
Batelco's 2018 Net Profit Amounted to BD 50 Million
Batelco Group announced yesterday an increase in its net profit during 2018 to BD 50.1 million.
Batelco: Electronic SIM Service will be Available by Dec. 6
Batelco has conducted experimental communications using the new chip (electronic SIM), which will be available to customers starting December 6.
Batelco’s Board of Directors Starts Practical Measures to Separate it into 2 Entities
Batelco’s Board of Directors approved in the meeting held on May 3, 2018 the functional structure of Batelco’s two separate entities, one of which will be retail and one for wholesale.
Batelco Distributes BD 42.5 Mln Monetary Dividends to Shareholders
Batelco Ordinary General Assembly approved a monetary dividend of BD 42.58 million, i.e. 25% of the paid capital equivalent to 25 fils per share.
Bahraini MPs Agree to Split Batelco into Two Separate Entities
The Bahraini House of Representatives approved Decree-Law No. (38) of 2017, amending certain provisions of the Telecommunications Law promulgated by Decree Law No. (48) of 2002.
Parliament Discusses Split of Batelco into 2 Separate Entities
The Bahraini Parliament will discuss in its next session Decree Law No. (38) for the year 2017 amending certain provisions of the Telecommunications Law.
Batelco Announces over 25 Million BD Profit within 9 Months
Batelco announced that it has achieved profit of BD25.2M (US$66.8M) until third quarter of 2017 .The Group has maintained stable revenues with increases over the previous quarter and over Q3 2016
Mohamed Bubshait Appointed as Batelco CEO
Batelco Group has announced the appointment of Mohamed Bubshait as Batelco new Chief Executive Officer.
Head of “Batelco” Trade Union Warns of Employee Dismissals after Batelco Divides into 2 Companies
Head of Batelco Trade Union, Ali Alraqraq warned of a new wave of workers dismissals at Batelco, after the company was divided into 2 separate companies. He also expressed worry of the division’s effect on the telecom services’ prices.
New Ground Communications Network in Bahrain to be Controlled by National Security Apparatus
The joint technical committees between the Telecommunications Regulatory Authority (TRA) and Batelco started working on establishing the national optical fibre network.
“Batelco” Trade Union Criticizes Commercial Pressure on Company, Discusses Temporary Employment
Head of “Batelco” Trade Union, Ali Jaafar al-Rakrak, said, “Throughout 2017, the union will tackle the issue of temporary employees with the company, to clarify the extent of prejudice practiced against them over the years of their work [in the company].”
Bahrain Government Takes Direct Control over Internet through Central System that Blocks Websites
Bahraini authorities said telecommunications companies in Bahrain that provide internet services are obliged to purchase unified technical system that blocks websites.
Amid Absence of BATELCO & Public Sector Unions..GFBTU to Elect New Fresh Faces
Representatives of public sector unions were absent from the third general conference of the General Federation of Bahrain Trade Unions (GFBTU) and BATELCO Trade Union was only represented by one member of its general secretariat, Khatoun Al-Aradi.
Fitch Revises Batelco's Outlook to Negative
Bahrain Mirror: Fitch Ratings has changed the Outlook of Bahrain Telecommunications Company (Batelco) to Negative from Stable while affirming its Long-term Issuer Default Rating (IDR) at 'BBB-