News

Kalaam Telecom acquires Lightspeed

Alternative Bahraini operator Kalaam Telecom is reported to have acquired Lightspeed Communications, a subsidiary of Jordan Telecommunications.

The move is said to make Kalaam the second largest internet service provider for fixed business broadband in Bahrain, and marks the first M&A transaction in the kingdom’s telecoms history.

Financial details of the deal have not been disclosed.

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