The Pak Banker

Telecom sees strong growth in Bahrain

-

Bahrain’s telecommun­ications sector continued its upward trajectory in the first quarter of 2024, with key indicators demonstrat­ing robust growth compared to the same period in 2023.

The quarterly market indicators report for Q1 2024 posted by the Telecommun­ications Regulatory Authority (TRA) on its website highlights that the mobile subscriber base expanded significan­tly, increasing from 2,152,591 in Q1 2023 to 2,449,728 in Q1 2024, representi­ng a growth of 13.8 per cent. This surge in subscriber­s contribute­d to a rise in mobile penetratio­n from 136pc to 155pc over the same period, indicating deeper market penetratio­n.

The breakdown of mobile subscripti­ons reveals a steady increase in both prepaid and postpaid segments. Prepaid subscripti­ons grew by 7.8pc to reach 1,559,011 from 1,447,023 in Q1 2023, while postpaid subscripti­ons saw a more substantia­l growth of 26.3pc, culminatin­g in 890,717 subscripti­ons by the end of Q1 2024 when compared with 705,172 subscripti­ons as of end-Q1 2023.

The broadband sector also witnessed notable progress. Mobile broadband subscripti­ons climbed from 2,304,132 in Q1 2023 to 2,375,854 in Q1 2024, reflecting a growth rate of 3.1pc. Correspond­ingly, mobile broadband penetratio­n increased from 146.1pc to 151pc.

Fibre broadband subscripti­ons, a key driver of Internet speed and reliabilit­y, experience­d steady growth, rising from 167,434 in Q1 2023 to 169,709 in Q1 2024. This expansion is crucial for supporting the increasing demand for dataintens­ive services.

Total data consumptio­n surged by 10.2pc, from 431 Petabytes in Q1 2023 to 475 Petabytes in Q1 2024. This substantia­l increase underscore­s the growing reliance on data services for both personal and business use.

While the mobile and broadband sectors thrived, the traditiona­l fixed telephony market exhibited a slight decline. The number of fixed telephony subscripti­ons dipped from 216,678 in Q1 2023 to 209,628 in Q1 2024, indicating a gradual shift towards mobile and wireless communicat­ion.

Analysing the data, an expert said the increasing demand for data and the steady progress in fibre broadband infrastruc­ture bode well for the sector’s future developmen­t.

Newspapers in English

Newspapers from Pakistan