BTC monopoly was maintained to 'maximise jobs' in public sector

Share |

February 08, 2011

By NOELLE NICOLLS

Tribune Staff Reporter

nnicolls@tribunemedia.net

THE monopoly held by the Bahamas Telecommunications Company was maintained for so many years to "maximise jobs" in the public sector and to protect the government's investment, Prime Minister Hubert Ingraham said.

The old BTC would not survive in the "aggressive marketing environment" of a liberalised market, because it does not have the necessary strengths in "mobile service," said Mr Ingraham as he tabled documents related to the sale of BTC to Cable and Wireless Communications (CWC).

He said concerns about BTC's ability to compete fueled the government's decision in the past to maint ...

Click here to read more at The Tribune

News date : 02/08/2011    Category : Tribune Stories

Share |

 

Ads