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
