PM remains tight-lipped on BTC deal

20 Jan 2014

Bahamian opposition leader Dr Hubert Minnis has criticised PM Perry Christie of failing to disclose the vaunted deal the government claimed to have finalised with Cable and Wireless Communications (CWC) regarding the ownership of Bahamas Telecommunications Company, in which the state owns a 49% stake, Tribune242 writes. Earlier this month Christie had revealed that the government had concluded negotiations with CWC and was scheduled to meet with executives from the UK-backed group to ‘cross the t’s and dot the i’s’, following which he would make a public statement disclosing the deal. Christie had promised in his 2012 election campaign to reclaim majority ownership of BTC for the state, which had sold a 51% stake in the firm in 2011. With the government remaining tight-lipped about the new deal with CWC, Minnis questioned the veracity of the PM’s earlier claims, saying: ‘If Christie has 2% as he said he was going after, you don’t think he would announce that immediately?’

Bahamas, Bahamas Telecommunications Company (BTC),

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