Tweet
<span style="font-weight: bold">News Source: OTGNR - </span>
<span style="font-weight: bold"> Confirmed : Cable and Wireless d...versy (BBC)...</span>
A decision by the government in the Bahamas to sign a deal with Cable and Wireless to privatise the national telecommunications company has sparked a major controversy. The leader of the opposition Progressive Liberal Party, Perry Christie, has attacked the decision of the Hubert Ingraham administration to sell a 51% share in the Bahamas Telecommunications Company (BTC) to a foreign firm.The deal still needs parliamentary consent but is expected to be approved because of the government's majority.Many Bahamians have expressed disapproval of the government's intention to sell the company.The unions representing workers at BTC are fighting the sale-bid and plans to lay off 300 workers.
<span style="font-weight: bold"> Confirmed : Cable and Wireless d...versy (BBC)...</span>
A decision by the government in the Bahamas to sign a deal with Cable and Wireless to privatise the national telecommunications company has sparked a major controversy. The leader of the opposition Progressive Liberal Party, Perry Christie, has attacked the decision of the Hubert Ingraham administration to sell a 51% share in the Bahamas Telecommunications Company (BTC) to a foreign firm.The deal still needs parliamentary consent but is expected to be approved because of the government's majority.Many Bahamians have expressed disapproval of the government's intention to sell the company.The unions representing workers at BTC are fighting the sale-bid and plans to lay off 300 workers.