Overview

Last updated 08/07/2008
Country Bahrain
Ownership Government
Ownership Type Listed
Organisation Type Joint-Stock
Sector | Sub sector
  • Telecommunications and IT | Telecom Operators
Date of establishment February 1981
No of Employees 1,600
Address PO Box 14
Manama, Bahrain
Phone +973 17 881881
Fax +973 17 883451
Website www.batelco.com

Summary

Last updated 08/07/2008

Bahrain Telecommunication Company (Batelco), the digital backbone of Bahrain, is the country's leading provider of national and International telecommunications and networked IT services, including internet and broadband products. With a history dating back to the country’s colonial past, Batelco was launched as a Joint Stock Company on July 1, 1981 under the aegis of the Govt. of Bahrain. Over the years, the company has built a substantial reputation for providing world-class telecommunications and information services to 650,000 business and residential customers (accounting for 67% market share) within Bahrain.

Batelco lost its monopoly in the domestic mobile market in December 2003, when Kuwait-based MTC Vodafone won the second GSM mobile license. Subsequently, its fixed line monopoly was broken when Bahrain based Lightspeed Communications and Kalaam Telecom were each granted fixed-line licenses, in 2005. Batelco has six branches in the Bahraini market; in addition it serves neighboring markets through participation in key investment initiatives to develop regional and international telecommunications. With an ongoing strategy to expand overseas, the company has joint venture operations in Jordan, Kuwait, Yemen, Saudi Arabia and Egypt. The company has invested USD 1.4 billion in Bahrain's telecom infrastructure over the past 26 years.

Officers

Last updated 18/04/2008
Name Job Title
Hamad bin Abdulla Al Khalifa Chairman
Mohammed bin Isa Al Khalifa Deputy Chairman
Peter Kaliaropoulos Chief Executive Officer
David J. Clarke Chief Financial Officer

Ownership / Shareholders

Last updated 21/04/2008
Name Country Holding
Bahrain Mumtalakat Holding Company Bahrain 37.00%
Amber Holdings Limited Cayman Islands 20.00%
Social Insurance Organization (SIO) Bahrain 15.00%

Affiliates

Last updated 18/04/2008
Name Country Sector Holding
Arabian Network Information Services (ANIC) Bahrain Telecommunications and IT 100.00%
Batelco Egypt Communications Egypt Telecommunications and IT 100.00%
Batelco Middle East Company Bahrain Telecommunications and IT 100.00%
Umniah Mobile Company (UMC) Jordan Telecommunications and IT 100.00%
Batelco Jordan Jordan Telecommunications and IT 80.00%
Qualitynet General Trading and Contracting Company Kuwait Telecommunications and IT 44.00%
Yemen Company for Mobile Telephony Yemen Telecommunications and IT 20.00%

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