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30 April 2014**Net Profit of BD14.5 Million**- Subscriber Base Grows by 19% year-on- year to 9.1 Million- Results reflect positive contributions from Overseas OperationsManama, Bahrain: Batelco Group (Ticker: BATELCO), the regional Telecommunications Group with operations across 14 countries, today announced its results for the first three months of 2014 ("the Period"). In keeping with recent trenPress Release - 30-Apr-2014
Manama, Bahrain: Batelco Group (Ticker: BATELCO), the regional Telecommunications Group with operations across 14 countries, announced today that the acquisition of Ali Alghanim & Sons General Trading and Contracting Company W.L.L. (the "Alghanims") 46% shareholding in Quality Net has been finalised, following the satisfactory completion of several preconditions. The acquisition increasesPress Release - 09-Apr-2014
Manama, Bahrain: Batelco Group (Ticker: BATELCO), the regional Telecommunications Group with operations across 14 countries, announced today that it has entered into a Share Purchase Agreement with the Alghanims to acquire their 46% shareholding in Quality Net, the leading Internet and Data Service provider operating in the State of Kuwait. The acquisition will increase Batelco Group's equityPress Release - 20-Feb-2014
Changes in the global political climate have resulted in increasing uncertainty in trading markets and economies around the world. For investors, this could be either a great time to invest in assets or a better time to protect their net worth.
The UAE is embracing technology innovation with a vengeance and has seen digital payment systems become a key area of focus.