Financial services pioneer endorses BTC privatization

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January 11, 2011

Award-winning financial services pioneer Suzanne Black has endorsed efforts to privatize the Bahamas Telecommunications Company (BTC), noting that when the process is complete it will be "a potential boon to the economy that will give rise to new levels of diversification, new businesses and eventually, cost savings to the consumer."
Black is the latest industry leader to add her voice to the debate over the proposed sale of 51% of BTC to telecoms giant Cable & Wireless Communications, which plans to operate the Bahamian company under its Caribbean-wide LIME brand, making The Bahamas one of its three main hubs in the region.

“Privatization is not a ...

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News date : 01/11/2011    Category : Nassau Guardian Stories

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