Batelco vows to pursue $212m claim against SivaBahrain-based Batelco Group of Companies has expressed its determination to recover the $212 million from Chinnakannan Sivasankaran and his firm following his recent bankruptcy declaration. BMIC Limited, a wholly owned subsidiary More… |
Batelco vows to pursue $212m claim against SivaBahrain-based Batelco Group of Companies has expressed its determination to recover the $212 million from Chinnakannan Sivasankaran and his firm following his recent bankruptcy declaration. BMIC Limited, a wholly owned subsidiary More… |
India deal: Batelco seeks payment of $212m claimBatelco Group, the Bahrain-based international telecommunications group with operations across 14 countries, has demanded full payment of the judgment debt totalling $212 million awarded by the English High Court of Justice against Chinnakannan More… |
Batelco set to recover India investmentBahrain's leading telecoms operator Batelco is poised to recover its investment in Indian affiliate S Tel after selling its 43 per cent stake in the unit, Sico Research said, raising its long-term rating on the stock to 'buy' from ' More… |
Batelco sees Indian unit hitting 2011 profitBatelco, the leading telecom service provider in Bahrain, expects its full-year profit to fall about 19 per cent due to the start-up costs for its Indian unit and stronger competition at home, its chief executive said. Batelco is one of th More… |
India rejects Batelco plan to raise S Tel stakeBahrain Telecommunications Company's (Batelco's) plan to raise its stake in Indian communications firm S Tel has been rejected by the Indian government, according to reports. Earlier this year, Batelco had sought approval to raise More… |
India rejects Batelco plan to raise S Tel stakeBahrain Telecommunications Company's (Batelco's) plan to raise its stake in Indian communications firm S Tel has been rejected by the Indian government, according to reports. Earlier this year, Batelco had sought approval to raise More… |
Batelco unit wins India 3G spectrumBatelco Group has announced that its affiliate company in India, S Tel, has secured 3G spectrum for its operations in Orissa, Bihar and Himachal Pradesh. S Tel, in which Batelco Group has a 42.7 per cent stake, will pay approxima More… |
GB Corp buys key stake in Batelco's S TelGlobal Banking Corporation (GBCorp) on Wednesday signed an agreement with Batelco Group, Bahrain's leading telecom company, to acquire a 11 per cent stake in S-Tel, its Indian telecom venture with Siva Group. Highlighting the stra More… |
Batelco to start India ops in Q4Batelco, Bahrain’s leading telecom provider, expects its Indian mobile phone affiliate S Tel to start operations in the fourth quarter. “We have been working very closely with our partners and we are looking forward to the launch of full s More… |