No 'national asset lost' via BTC's sale

Wed, Jan 5th 2011, 10:00 PM

By NEIL HARTNELL

Tribune Business Editor

Bahamians "ought not to feel we have lost a national asset" through the Bahamas Telecommunications Company's (BTC) privatisation, a senior accountant said yesterday, pointing out that whatever happened the currently state-owned incumbent would have at least one major 100 per cent Bahamian-owned competitor in a liberalised market.

Raymond Winder, managing partner at Deloitte & Touche (Bahamas), told Tribune Business that what had been ignored in the BTC privatisation debate was that Cable Bahamas was now a 100 per cent Bahamian-owned company as a result of last year's Columbus Communications buy-out, and represented a "thriving & ...

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