51/49 BTC debate is 'irrelevant'

Tue, Mar 29th 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

The argument over whether Cable & Wireless Communications (CWC) should own 51 per cent or 49 per cent of the Bahamas Telecommunications Company (BTC) is irrelevant, a former Bahamas Chamber of Commerce president said yesterday, because either way it will still have Board and management control at the privatised carrier.

Telling Tribune Business that CWC was "absolutely" the right partner for BTC, Dionisio D'Aguilar, who is also Superwash's president, questioned why the opposition Progressive Liberal Party (PLP) was becoming so "hung up" on the 51/49 per cent ownership issue, given that Board and management control was the r ...

Click here to read more at The Tribune

 Sponsored Ads