(MENAFN) The annual general meeting (AGM) of Batelco Group, the Bahrain-based telecoms group with ops across 14 nations confirmed a full year cash dividend of USD110.3mn for 2016.
Additionally, of the approved dividend, 10 fils per share was already paid amid the third quarter of 2016 with the remaining 15 fils to be paid in the coming weeks.
Moreover, the group ended the year with revenue of USD99.7mn compared to USD131.3mn posted in 2015, while its balance sheet remained resilient.
Meanwhile, subscriber numbers were more than 4 percent year on year, while the upswing in customer numbers is attributed to their investment in new networks involving fiber.
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