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 Global Ratings revised its outlook on Batelco to stable from positive and affirmed its 'B+/B' long- and short-term issuer credit ratings.

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 Group announced yesterday an increase in its net profit during 2018 to BD 50.1 million.

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 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 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.

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.

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 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

Batelco Group has announced the appointment of Mohamed Bubshait as Batelco new Chief Executive Officer.

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.

The joint technical committees between the Telecommunications Regulatory Authority (TRA) and Batelco started working on establishing the national optical fibre network.

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].”

Bahraini authorities said telecommunications companies in Bahrain that provide internet services are obliged to purchase unified technical system that blocks websites.

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.

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-