Batelco has taken a step forward as part of its digitisation plans by entering into a collaboration deal with Benefit. The agreement has facilitated the development of a communication network to service the banking sector via Benefit services offered to banks and other financial and non-financial institutions. The strategic collaboration will place Batelco as a backbone partner facilitating the network infrastructure and business continuity and disaster recovery site for Benefit's major services such as Bahrain cheque truncation system (BCTS), the National ATM and POS switch and recently the Electronic Funds Transfer System (EFTS).
Bahrain Telecommunications Company BSC
Equities
BEYON
BH0060713458
Integrated Telecommunications Services
End-of-day quote
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|
5-day change | 1st Jan Change | ||
0.51 BHD | 0.00% | +0.99% | +3.03% |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+3.03% | 2.24B | |
+7.64% | 199B | |
+6.34% | 167B | |
+0.18% | 116B | |
-1.04% | 89.84B | |
+15.78% | 72.93B | |
+2.80% | 58.4B | |
-5.82% | 50.38B | |
-13.44% | 40.2B | |
-33.17% | 35B |
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- Batelco Signs Collaboration Deal with Benefit