Bahrain imports 611,000 mobiles in 5 months
The Kingdom of Bahrain imported more than 611,000 mobiles from 15 countries at a total value of BHD55 million during the first five months of the year 2015, Bahrain-based Al Wasat Newspaper reports.
Official data issued by Bahrain Customs shows that Bahrain has imported 611,961 mobiles and wireless devices from January 2015 till May 2015, 96 per cent of them from China and Vietnam.
The data also notes that import volume in January reached 114,000 devices, 100,000 devices in February, 113,000 devices in March, 102,000 devices in April and 180,000 devices in May.
According to the official data, the value of mobiles imported during the first five months of the year reached BHD55.177m, in a clear indication of the growth of domestic mobile consumption and the increased volume of the telecom market in Bahrain.
The value of imported devices in January reached BHD10.14m, BHD10.69m in February, BHD11.34m in March, BHD7m in April and approximately BHD16m in May.
The telecommunications sector’s revenues in Bahrain are estimated at more than BHD400m, representing around four per cent of total GDP, according to data issued by the Telecommunications Regulatory Authority (TRA).
It is worth mentioning that the access rate to wireless networks for mobile phones in Bahrain reached 183 per cent, with more than 70 per cent for prepaid subscriptions.
The annual growth of mobile subscriptions hit 12 per cent during the past five years, while the number of registered mobile subscriptions in Bahrain exceeded more than 2.4m subscribers by the end of 2014.
Fierce competition between mobile companies encouraged consumers to buy mobiles through offers like monthly installments, which suits the financial situations of the majority of the consumers.
(BHD1 = AED9.74, at the time of publishing)