User:Alsnanr/Etisalcom

Etisalcom Bahrain Company W.L.L. (Etisalcom) was established in March 2005 as a new entrant telecom company licensed to provide national and global telecom and IT services. Etisalcom has obtained the following licenses from the Telecommunication Regulatory Authority (TRA) in the Kingdom of Bahrain.


 * 1) International Services License (ISL), 19 March 2005
 * 2) Value Added Services (VAS) Class license, 19 March 2005
 * 3) Internet Service Provider (ISP) Class license, 26 July 2005
 * 4) Individual National Facilities license (NFL), 15 May 2006
 * 5) Individual International Facilities license (IFL), 29 August 2006

Shareholding and Capital Structure

When the company established its business in March 2005, the capital of the company was only BD 500K. The capital was raised to BD 2.5 millions in trenches. At the end of 2008 the shareholders decided to reduce the capital to BD 25K and inject further capital of BD 245K to ensure continuity of the company. The new shareholding is as follows:

Etisalcom;s Subsidiarries

Etisalcom is currently holding 51% of the equity of Comcerto Bahrain Company W.L.L. (Comcerto). Comcerto has the intellectual rights of a converged billing system known as Terminus Billing. Comcerto also has experience in the design and deployment of New Generation Network (NGN), Voice over IP Gateways, Point-to-Point and Point-to-Multipoint Wireless as well as WiMAX products.

Etisalcom Board of Directors

Etisalcom is currently has a corporate governance through a board of director consisting of six members chaired by Mr. Adel Al-Doseri. A list of directors is shown below: