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BTC, URCA Plan Ahead for Regulation of VoIP Providers
Entities put heads together at CANTO Conference to discuss the controversial evolving issue...
FBI Shuts Down MegaUpload.com For Piracy
FBI Shuts Down MegaUpload.com For Piracy
The Justice Department has indicted seven individuals and two companies behind the popular file sharing website Megaupload.com which has been touted by stars will.i.am, Kim Kardashian and Puff Daddy.
Business - Tue Mar 16
Business - Tue Mar 16
British Airways strike is on
Freeport Concrete can't pay for audit
Galanis hits back at 'sham audit' claims
Exuma Resort rated #1 retirement community
100% improvement in anti-corruption of awarding contracts
Counterfeit DVD and CD sales 'undermine' legitimate companies
Government's $90-$175m annual BEC savings plan
Entrepreneur plan targeting up to 50
$200m investment at o...
Company laments lack of details on mobile license process
The chief executive officer (CEO) of a Bahamian telecoms company has expressed displeasure at continued government delays in finalizing the process by which a new mobile services provider will be selected.
Edison Sumner, CEO of Bahamian-owned telecoms company IP Solutions International Limited (IPSI), stated that the company is still awaiting approval from the Bahamas Investment Authority (BIA) to...
Wilson: Williams' appointment paves way for Bahamians
The government's lead negotiator on BTC has called on detractors not to be "partisan" about the appointment of Leon Williams as chief executive officer, suggesting that his success in his new role will have implications for Bahamians seeking leadership positions.
Bahamians seek partnership approval in bid for cellular license
A Bahamian-owned company is planning a $40 million investment in telecommunications infrastructure if it obtains government approval to join forces with an international mobile services provider and become the next company selected to gain a mobile license in the newly-liberalized mobile environment.
IP Solutions International Limited (IPSI) currently has an application before the Bahamas Investme...
BTC boasts 'four hundred percent' home package sales growth
BTC is boasting of a 400 percent increase in its sales of its broadband, Internet and landline telephone home communication package, a pick up it attributes to competitive pricing.Odette Carey, BTC product manager, broadband, landline, IP TV, business solutions, said that on New Providence alone, approximately 85 percent of BTC Internet sales over the last 11 months were to Cable Bahamas customers...
Wilson: BTC privatization probe still needed
Wilson: BTC privatization probe still needed
Franklyn Wilson has stated that he continues to support a parliamentary committee investigation into the Bahamas Telecommunications Company (BTC) privatization deal, despite Prime Minister Perry Christie's announcement that the government has "secured the majority economic interest" in the company.
Wilson, the government's lead negotiator in the BTC share take back talks, told Guardian Business af...
Bahamas, WTO agree to postpone November meeting
Bahamas, WTO agree to postpone November meeting
The Bahamas and the World Trade Organization (WTO) have "mutually agreed" to postpone a working group meeting as The Bahamas forges ahead with the completion of a master document outlining this nation's entire economic regime, as it relates to trade and the finalization of legislation on intellectual property, food safety and animal and plant health.
The Bahamas had been due to provide an update t...
BTC to spend 80 million on new NGN network
BTC to spend 80 million on new NGN network
The Bahamas Telecommunications Company (BTC) plans to invest $80 million over a five-year period in the rollout of its Next-Generation Network (NGN), an upgrade which is intended to bring BTC's infrastructure more up to par with telecommunications standards globally.
NGN replaces BaTelCo's legacy network that was built in the 1970s. To date, more than 72,000 customers on BTC's network have been t...