Bahraini incumbent Batelco could raise debt to fund a potential acquisition in 2012, company CEO Shaikh Mohamed Bin Isa Al Khalifa told TelecomFinance.
“With our sound investment grade credit ratings from S&P and Fitch, solid cash flows and…
Bahraini incumbent Batelco could raise debt to fund a potential acquisition in 2012, company CEO Shaikh Mohamed Bin Isa Al Khalifa told TelecomFinance.
“With our sound investment grade credit ratings from S&P and Fitch, solid cash flows and virtually no debt, we are confident that we are capable of raising funds to pursue any new acquisitions,” he said in an exclusive Q&A with this news service.
Al Khalifa added that the “key contributor to top and bottom line growth will be acquisitions” and that the company is targeting “existing operators who offer fixed and wireless, voice, data and broadband services.”
The full interview will be published in the next edition of TelecomFinance due 18 May.
