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'SAMENA Daily' - News

Investments in telecommunications sector in Bahrain reached BD787 million in 10 years

The Transportation and Telecommunication Ministry said that Bahrain has a strong digital infrastructure that supports the growth of the digital economy within the government’s priorities and vision, which was translated in the Fifth National Telecommunications Plan.

The ministry noted that the Kingdom is one of the first countries to achieve comprehensive coverage of 5G services with high download speeds exceeding 2 Gbit/s, to ensure that the majority of consumers in Bahrain benefit from access to 5G networks across the country.

Minister Kamal bin Ahmed Mohammed highlighted that there are already many necessary factors to achieve the government's vision regarding fifth generation services.

“The Kingdom has succeeded in attracting investments in the telecommunications and information technology sector and witnessed the entry of major content companies and technology service providers.”

“The volume of investments in the telecommunications sector amounted to BD72.8 million during 2020, and the total investments amounted to BD787 million in the period between 2010 to 2020, and 313 million Bahraini dinars in the period between 2016 to 2020,” Kamal said.



Source: https://www.bna.bh/en/news?cms=q8FmFJgiscL2fwIzON1%2bDv%2f9O%2faKlkY74RNe%2fB02k28%3d

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