BTC to receive two-year grace period for wireless

20 Aug 2009

According to BNamericas, market liberalisation in the Bahamas will be restricted to the fixed line sector initially, with incumbent BTC given a two-year grace period in the mobile segment in order to give it time to prepare itself for new competition. BTC is currently in the early stages of a privatisation process that will eventually see a 51% stake in the telco being awarded to a strategic investor. A wide range of investors and telcos are said to have expressed an interest.

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