Page navigation Browse related articles

Batelco rules out plans to re-enter Indian market

  • Bahrain: Sunday, January 20 - 2013 at 04:30

Bahrain's Batelco has denied rumours that it was about to re-enter the Indian market, describing it as misleading, Gulf Daily News has reported. "Potential opportunities in India remain on our agenda and Batelco is interested in investing in existing operators," said Batelco chief executive Sheikh Mohamed bin Isa Al Khalifa. "As Batelco is not interested in start-up companies, we have no plans to participate in the forthcoming auctions to acquire a mobile licence and establish a new start-up telecoms company," he said.

Article Options

Disclaimer »

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.

AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.

In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.