MANAMA: Despite stiff competition, Batelco maintained a strong presence in the mobile market in Bahrain supported by its retention of high value post-paid residential and business customers, according to Batelco Group A/CEO Ihab Hinnawi.
For the period, contributions from operations outside of Bahrain increased both as a percentage of revenues and EBITDA.
“For the period, mobile subscribers in Bahrain increased by 15%, over the previous quarter and also by 15% year-on-year. The Broadband subscriber growth remained impressive with year-over-year growth of 22% and a 6% increase quarter-on-quarter. As in previous periods, and reflecting a global shift to mobile services, demand for fixed line services declined with only a marginal 1% growth since Q1, 2014.”
“Our customer centric strategy, to ensure the needs of our customers across all sectors are met is successful, as reflected in the increased mobile and broadband customer numbers and the retention of our position as Bahrain’s leading business solutions provider.”
“Batelco’s major investment in enhanced networks and new solutions continues. Our Fibre Network expansion programme is making excellent progress and services are now available in a wide number of areas with new locations coming on line continuously. The service features the highest dedicated, stable superfast download in Bahrain and we have recently launched our latest superfast Broadband package with speeds up to 300Mb.”
“We will continue to focus on executing our strategy of investing in both strengthening our existing networks, rolling out our Fibre network and growing our subscriber base through the delivery of world class solutions,” Hinnawi added.
Batelco also addresses the intense local competition by striving to be first in delivering innovative products and services and in line with this commitment was the first and also exclusive provider of YotaPhone2 in the Kingdom.