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Mon, 17.01.2005
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pte20050117017 Computer/Telecommunications, Companies/Finance
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Batelco and Telecom Italia sign 18 million euro deal
Bahrainian company to provide high-leased circuits for next three years

Manama (pte017/17.01.2005/11:15) - Bahrainian telecoms company Batelco http://www.batelco.com has signed a 9 million Bahrainian dinar (18.1 million euro) contract with Telecom Italia http://www.telecomitalia.it to provide high-speed leased circuits between Bahrain and Italy for the next three years. As the Gulf Daily News http://www.gulf-daily-news.com reports, Batelco successfully bid against eight leading international telecommunications companies.

The contract, which was signed by the two companies in Rome, stipulates that Batelco will provide the leased circuits at a speed of 622 MB per second. It also helps utilise additional capacity generated by the FLAG Telecom project, which links Bahrain with the rest of the world through fibre cable technology, according to a statement by the company.

"Batelco's investment in world-leading technology - combined with our highly trained and expert workforce - has paid rich dividends by allowing us to meet the increasing demand for high-tech services such as those set out in this agreement," said Tony Hart, chief executive of Batelco. "Our successful bid for the Telecom Italia business sends a clear message that Batelco stands with the best telecommunications companies in the world in terms of providing products and services that are second to none," he added.

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