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Batelco Group (Ticker: BATELCO), the leading telecom in the Middle East of reference with operations across six countries, announced its results for the twelve-months ended 31 December 2012 ("the year").
The Group's commitment to Corporate Social Responsibility also continued throughout 2012. More than BD1.6M was provided in support to sports, social, health and education related initiatives and charitable organisations in the Kingdom. Additionally, putting its talent and market leadership to use, Batelco also continued to support technology and other related entrepreneurs in Bahrain through the holding of the second annual Start-up Weekend which presented the opportunity for aspiring entrepreneurs to launch new businesses. It also hosted CommTech during 2012, a first of its kind seminar and forum for SMEs that attracted over 600 business owners and technical experts, and which was held in order to foster business development in the Kingdom of Bahrain. In recognition of these and other community support activities Batelco was this year presented with the Gold Award for Excellence in CSR by the Arab Organisation for Social Responsibility and Tatweej Academy for Excellence at their 3rd annual awards ceremony.
Focused on Delivering Growth and Value in 2013
Commenting on the year ahead, Batelco Group CEO Shaikh Mohamed said: "Undoubtedly the combined efforts of our people and sound leadership from our executives and Board helped us deliver sound results in a turbulent operating environment in 2012. I am grateful to our teams for their collective efforts."
"We have entered 2013 in a strong financial position, continuing to focus on customers and innovation. We remain committed to identifying new avenues for growth in order to leverage our strengths and allow for the expansion of our mobile and broadband subscriber base and enterprise solutions, for the benefit of customers, employees and shareholders alike."