Telco VIVA Bahrain has made an official request to the Telecommunications Regulatory Authority to wholly acquire Nuetel Communications Company, in what could be its third acquisition since 2014. The proposal will be scrutinised to ensure there is no impact on competition, and if approved, will give VIVA Bahrain an increased stake in the Amwaj Islands fibre optics network. Nuetel, a subsidiary of Ossis Property Developers Company, has struggled in the face of strong competition and market saturation in the Bahraini telecommunications sector.
Telco VIVA Bahrain has made an official request to the Telecommunications Regulatory Authority to wholly acquire Nuetel Communications Company, in what could be its third acquisition since 2014. The proposal will be scrutinised to ensure there is no impact on competition, and if approved, will give VIVA Bahrain an increased stake in the Amwaj Islands' fibre optics network. Nuetel, a subsidiary of Ossis Property Developers Company, has struggled in the face of strong competition and market saturation in the Bahraini telecommunications sector.