They include the market indicators in Bahrain, the Arab price benchmarking study and the residential market survey.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…92 Views | the publication reaches you by | Bahrain News
The 2018 Arab Price Benchmarking Study stated that mobile services prices have fallen by up to 27 percent between 2017 and 2018 and up to 54 percent between 2013 and 2018. Fixed broadband prices have also fallen by up to 7 percent between 2017 and 2018 and up to 82 percent between 2013 and 2018.
The decline in prices has resulted in providing telecommunications services to a large segment of citizens and residents in the country. This has increased the penetration rates of telecommunications services in Bahrain which have become among the highest rates globally.
Bahrain is ranked tenth globally in mobile penetration rate (158.4%), fifth globally in mobile broadband penetration rate (147.3%) and third globally for the percentage of internet users (98%), according to the Global Competitiveness Report published by the World Economic Forum in October.
The decline in prices has resulted in subscribers migrating to higher internet speeds. According to the reports, in 2017, 84 percent of fixed broadband subscribers had internet speeds equal to or more than 10 Mbps, compared with only 10 percent in 2013. The use of internet data has also doubled seven times between 2013 and 2018.
According to the latest Telecommunications Market Survey in the Kingdom of Bahrain, 83 percent of respondents were satisfied with their overall mobile services in 2017 and 85 percent were satisfied with their overall broadband services in 2017.
According to the 2017 data, telecommunications services revenue reached BHD 426 million.
Operators continue to invest in this sector to provide the latest equipment, with the investment volume reaching BHD 45 million in 2017.
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