Background of Batelco
Batelco is a telecommunication company operating in Bahrain. The common is providing digital solutions to people living across Bahrain. The company is not only famous in Bahrain but is also having a good reputation in the telecommunication market. The management of Batelco is ensuring that they are focusing on providing the best and most effective business solutions. The focus of Batelco is based on keeping employees motivated, along with considering the people living in Bahrain. The management is also going to have an impact on the ways through which they are going to have access to the organization. This also explains that the business should have an effective approach in this respect as they are going to take steps which would help them in achieving their targets and business objectives on a timely basis
While analyzing the nature of products offered by Batelco, it is witnessed that the business is having a target market related to both the consumer and corporate market. This also explains that the business is analyzing the need for the Bahraini market regarding wireless telecommunication solutions. The business also has a diverse product portfolio solutions, and their target market is not only related to the residential sector, but also they are targeting both governmental and non-governmental business organizations. It is witnessed that the nature of operations of Batelco is considered as most efficient as they are capable of bringing change in the telecommunication sector. While analyzing the business processes of Batelco, it is witnessed that the businesses are contributing to the success of Bahrain’s economy. It is also witnessed by looking at the management processes of an organization that they are focusing on bringing innovation in the telecom sector as this is having a great impact on the economic stability and building infrastructure of the country. Don't use plagiarised sources.Get your custom essay just from $11/page
While analyzing the roles and responsibilities of the business operations of Batelco, a conclusion is drawn that the business is having a major focus over keeping the advancement in digitization their effective task. It is witnessed that after the analysis of the connectivity goals of Bateclo, it is evaluated that they are playing a great role in the transformation of the telecom industry in Bahrain. The focus of Batelco is not only making profits and improving profitability, but it is also witnessed that they are focusing on bringing change or transformation over the people living in Bahrain. The major vision of Batelco Company is that it should provide solutions to people in order to connect them or reduce or minimize distances. This approach is not only considered as effective, but it is also having a great impact on the business reputation
While we analyze the strategies followed by Batelco, we can easily evaluate that they are providing products and solutions for bringing change in the society, and they have also taken different initiatives in this regard. They have a commitment to provide smart home and smart city technology solutions as they believe that this factor is going to make the lives of people easy. The management of Batelco also realizes that they have a corporate social responsibility as well, and in this regard, they are focused on supporting the local communities. While analyzing the CSR initiatives of Batelco, it is easily evident that they are supporting health, education, social, and cultural initiatives in Bahrain. This explains that the management of Batelco is engaged in providing all solutions which can bring change and positivity amongst the society. Their extended support towards all different sectors of the economy is helping the company in establishing good and effective image amongst society. The company is also taking advantage of the government because of its initiatives; the government of Bahrain is also supporting the operations of Batelco.
It is equally important to understand that what kind of products they are providing to the people living in Bahrain, and it is evaluated that they are providing services related to GSM 900, GSM 1800, GSM 2100, and LTS 1800. They are also providing 3G and 4G services to the people living in the country. While analyzing the profits of Batelco, it is witnessed that they are highly profitable as their annual report, and it represented that the business is having a growth of 7% in their revenue, and they are reaching to BD 405.9M. They are also having 51% of the increase in the rate of EBITDA, which they are generating from conducting their operations overseas. The analysis of the financial statements of Batelco depicted that they are generating 59% revenue from their overseas operations.
The financial projections related to Bateco also show that they are operating with high operational efficiency. It is witnessed that the business’s success operating in the sector is primarily analyzed by means of gathering data related to the financial information of the company. The financial highlights of Batelco suggest that the company is having an operating profit of BD 72.7m, and it was BD 58.4m in 2017. This data reveals that the business is operating well and is also growing. Along with the net assets of the company in 2018 was BD 504.9 m, and it was estimated as BD 502.5 m in the year 2017. The increase in the net assets also depicted that the business is capable of maintaining its financial stability. The analysis of financial factors is important, but analyzing the non-financial performance is also going to help the business achieve its targets. This explains that the business is capable of maintaining a good reputation in the market and which is highlighting that this factor is also contributing to the success of the organization.