VOL. XLIII

No. 48

27-November-2000

BAHRAIN

Bahrains Batelco Invests In Jordanian ISPs To Create Batelco-Jordan

Bahrain Telcommunication Company (Batelco) announced on 18 November that its subsidiary Bahrain Telecommunications Company Middle East EC (BMEC) has signed an agreement to purchase 51% of the combined market value of two leading Jordanian Internet Service Providers (ISP) to create Batelco Jordan. BMEC has yet to reveal the size of the investment, but MEES understands that it is around...