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Communication

Bahrains telecoms operators are at a disadvantage to their Gulf competitors because the countrys regulator has not yet allocated the spectrum for next-generation high speed networks, a Batelco (Bahrain Telecommunications) executive said this week.

Saudi Arabias Kingdom Holding and Bahrains Batelco announced that they have ended their joint bid for a 25 per cent stake in Zain KSA, estimated to be worth about US$1.2 billion.

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