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Updated for:

Thursday, September 02, 2010 11:52 PM

The Tribune

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Business Stories

Government 'close'

on initial BTC deal

By NEIL HARTNELL

Tribune Business Editor

The Government was yesterday said to be "close" to signing an initial agreement - known as an 'agreement in principle' - to sell a majority stake in the Bahamas Telecommunications Company (BTC) to Cable & Wireless, with its privatisation committee making good progress in talks with the regional telecoms operator.

Sources close to developments told Tribune Business that the two parties were now "close" to potentially signing a 'Heads of Terms', wh ...Read More

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Today's Poll

Question: A group of experienced politicians and newcomers to frontline politics are said to be in talks to form a new political party. Would you consider voting for a party other than the FNM or PLP in the next general election? Feel free to comment after you've voted below
  • Yes - Bahamians have given the FNM and PLP chances and it's time we give someone else a chance to see what they can do for the country
  • No - Bahamians will never vote anything other than the FNM or PLP into power
  • Maybe - It depends on who is a part of this new organisation and what they offer that's different from the FNM and PLP
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