Bahrain's Batelco has completed its structural separation into wholesale and retail entities as part of the government's fourth National Telecommunication Plan.
Following the separation process, Batelco's new infrastructure company NBNetco will work with the government to deploy a single national broadband and fiber backhaul infrastructure that will aim to provide all residents of the kingdom with high-speed internet access.
Meanwhile retail entity Batelco Bahrain will take over the company's retail and enterprise operations.
Batelco has appointed Mohamed Bubashait as the CEO of NBNetco, and Mikkel Vinter as the new CEO of Batelco Bahrain, Arabian Business News reported.
Both companies will continue to be owned by Batelco, but will be operated independently.
The separation process has also involved the restructuring of executive management teams of the separated entities, as well as the separation of operational systems and human resources functions.
Batelco chairman Sheikh Abdulla bin Khalifa Al Khalifa commented that the company expects that the separation will create new horizons for Batelco and opportunities to invest in digital technology.