Othman Sultan said du would not need any new loans till the end of 2011
du is planning to inject nearly US$460mn into new mobile and fixed line network projects this year after paying back debt to banks, according to dus CEO Othman Sultan.
The Telecommunications Regulatory Authority (TRA) released its annual report that showed the telecom industry in Bahrain as a whole saw revenues increase by 6.5 per cent.
Vodafone Qatar posted first-quarter 2011 losses of US$33.59 million but they were less than a year ago as the number of mobile subscribers increased.
Etisalat announced that it has begun the final phase of trials on the advanced Long Term Evolution (LTE) network, in order to commercially launch the service in the third quarter of this year.
du has successfully conducted and completed its first pilot on Long Term Evolution (LTE) on its mobile network supporting mobile broadband speeds upto 150 Mbps.
