Batelco may appeal price cut ruling
Bahrain operator undecided on whether to appeal TRA ruling to cut prices
Batelco has yet to consider an appeal against the Bahrain regulator's ruling that it must cut wholesale prices, according to Reuters.
A top executive at the Bahrain operator said the company would need to analyse the full content of the Bahrain Telecommunications Regulatory Authority before any decision on an appeal was made.
The TRA announced earlier this week that operators in Bahrain would need to cut the rates at which they lease services to other operators, with broadband and fixed line wholesale fees supposed to by cut by 26% and 46% respectively, and international phone line lease prices to be cut by 28-68% to other Gulf states and 41-45% to Europe, the US and parts of Asia.
Batelco owns the vast majority of Bahrain's fixed telecoms infrastructure, with wholesale income providing 11.2% of Batelco's group first-quarter revenue.
In a statement to Reuters, Rashid Abdulla, Batelco Bahrain chief executive said: "Once we have had the opportunity to analyse the full content, we will decide the best way forward."