Sunday 13 January 2013

Bahrain's Batelco again tests Indian waters - The National

The Bahraini mobile operator Batelco plans to re-enter India through an acquisition after losing its licence there in a corruption scandal.

"India is an attractive telecom market due to its size, growth potential and opportunity to launch many innovative services," said Sheikh Mohamed bin Isa Al Khalifa, the chief executive of Batelco.

"Potential opportunities in India remain on our agenda [and] Batelco is interested in investing in existing operators." Last February 2, India's supreme court cancelled 122 of the country's wireless licences, including some mobile licences, in a corruption probe.
Bahrain's Batelco again tests Indian waters - The National

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