Bahrain Mirror: 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.

The Board also agreed that the Batelco Commercial Center in Manama would be the headquarters of the new wholesale entity. This step is the actual beginning of the separation process in accordance with the Fourth National Telecommunications Plan approved by the Council of Ministers in May 2016.

It is mention that the said headquarters is the same place that witnessed the establishment of Batelco in 1981.

Among the strategic decisions adopted during the meeting were the approval of the strategy of security and cyber security in relation to the separation process. During the meeting, the Executive Directorate presented a detailed strategic plan in this regard, stressing the importance of the issue of security in all steps related to the actual separation of entities.

The company's board of directors directed the executive management to develop the brand identity of the two separate entities to suit the new phase and elevate the company's ambition to provide the best for its customers in both retail and wholesale categories.

It was also recognized that a competent company will audit the company's assets according to the accepted standards in this regard to ensure smooth separation process.

Chairman of Batelco Mohammed bin Khalifa Al Khalifa explained that "the separation process will bring great benefits to all parties. The separation will create a healthy competitive environment that will increase the efficiency of productivity and level of services provided to customers."

Batelco CEO Mohammad Bubshit said: "The next phase is the most important in the process of separation and requires the unity of all parties and coordination of efforts to achieve strategic goals for the telecommunications sector in the Kingdom."

Arabic Version