In Manama, the Bahrain All-Share Index slipped by 0.54 per cent to 1,457.89 points on Monday, May 26. Bahrain Telecom (Batelco) fell by 0.55 per cent to BHD0.36. Earlier in the day, Batelco revealed that it has signed a master bilateral supply agreement with Germany’s Riedel Networks on the sidelines of International Telecoms Week (ITW), which took place in Chicago, the US, from May 11 to 14. Headquartered near Frankfurt, Germany, and with customers across all vertical industries in more than 40 countries, Riedel Networks provides a high-performance and high-quality global communication service platform designed to meet the needs of multinational corporations and broadcasters. “With the agreement in place between Batelco and Riedel Networks, each will have the opportunity to access the network of the other.”
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