The closely guarded memorandum of understanding (MOU) that the government signed more than two months ago with Cable and Wireless Communications for a 51 percent share of the Bahamas Telecommunication Company reveals that the government will have to pay a fee in order to make use of CWC’s brands and intellectual property.
“BTC will receive services from Cable and Wireless’ group of companies, and likely make use of a number of brands, trademarks and intellectual property,” said Prime Minister Hubert Ingraham, who tabled the MOU?and other documents related to the sale in the House of Assembly yesterday afternoon.
“The government has negotiated with Cab ...

Click here to read more at The Nassau Guardian