Batelco posted a 60 per cent in first quarter net income. Phil Weymouth / Bloomberg News
Batelco posted a 60 per cent in first quarter net income. Phil Weymouth / Bloomberg News

Batelco reports 60 per cent increase in first-quarter profit



Batelco, the Manama-based regional telecommunications company, said first-quarter profit increased 60 per cent, boosted by strong growth in Bahrain where improvements in mobile and broadband services aided revenue growth.

Net income in the first three months of the year rose 60 per cent to 13.1 million Bahraini dinars (Dh127.9m) compared to 8.2m dinars in the first quarter of 2017, the company said. Revenues grew 11 per cent in the first quarter to 99.5m dinars compared to 89.7m dinars in the same period last year.

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“Across our group of operations, we are working diligently on our strategic plans to provide reliable and future proof networks that meet the needs of each location, with their specific requirements,” said Shaikh Mohamed bin Khalifa Al Khalifa, Batelco’s chairman.

“At home, we remain focused on ensuring that Bahrain is among the best-connected countries in the region, in support of the Bahrain government’s initiatives for the communications sector.”

Batelco Bahrain CEO Mohamed Bubashait said that Batelco’s fibre delivery as well as digital products and services led to a 7 per cent increase in fixed line customers and 27 per cent gain in broadband subscribers on a year-on-year basis.

Elsewhere, Jordan provided the biggest boost from the company’s international operations where revenue grew 24 per cent in the first quarter compared to the same period last year.

Mr Al Khalifa said that he expected that the company’s efforts to spend more money of going digital and improving the quality of connections would continue to pay off in the second quarter.

“Our teams throughout our organisation are committed to the implementation of our strategic plans which include continuing to invest in digital technology, improving the quality and speed of LTE networks and continuing with transformational exercises aimed at increasing profitability going forward,” he said.

Sri Lanka Test squad:

Dimuth Karunaratne (stand-in captain), Niroshan Dickwella (vice captain), Lahiru Thirimanne, Kaushal Silva, Kusal Mendis, Kusal Janith Perera, Milinda Siriwardana, Dhananjaya de Silva, Oshada Fernando, Angelo Perera, Suranga Lakmal, Kasun Rajitha, Vishwa Fernando, Chamika Karunaratne, Mohamed Shiraz, Lakshan Sandakan and Lasith Embuldeniya.

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
City's slump

L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1

TICKETS

For tickets for the two-day Maharlika Pilipinas Basketball League (MPBL) event, entitled Dubai Invasion 2019, on September 27 and 28 go to www.meraticket.com.

Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

COMPANY%20PROFILE
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A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
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  • November 2024: All 127 volumes completed
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UAE currency: the story behind the money in your pockets
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Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

The specs

Engine: 5.0-litre V8

Power: 480hp at 7,250rpm

Torque: 566Nm at 4,600rpm

Transmission: 10-speed auto

Fuel consumption: L/100km

Price: Dh306,495

On sale: now

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Scoreline

Al Wasl 1 (Caio Canedo 90 1')

Al Ain 2 (Ismail Ahmed 3', Marcus Berg 50')

Red cards: Ismail Ahmed (Al Ain) 77'

The specs: 2018 Audi Q5/SQ5

Price, base: Dh183,900 / Dh249,000
Engine: 2.0L, turbocharged in-line four-cylinder /  3.0L, turbocharged V6
Gearbox: Seven-speed automatic / Eight-speed automatic
Power: 252hp @ 5,000rpm / 354hp @ 5,400rpm
Torque: 370Nm @ 1,600rpm / 500Nm @ 1,370rpm
Fuel economy: combined 7.2L / 100km / 8.3L / 100km

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T20: Aaron Finch (capt), Alex Carey (vice-capt), Ashton Agar, Travis Head, Nic Maddinson, Glenn Maxwell, Jhye Richardson, Kane Richardson, D’Arcy Short, Billy Stanlake, Marcus Stoinis, Mitchell Swepson, Andrew Tye, Jack Wildermuth.

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
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