PM in talks with Digicel over future entry in market

7 Dec 2012

Bahamian PM Perry Christie has been involved in talks with pan-Caribbean operator Digicel regarding the company’s possible entry into market once the Bahamas Telecommunications Company’s (BTC’s) monopoly on the wireless sector ends in 2014. The Nassau Guardian quotes the prime minister as saying: ‘I’ve had a number of conversations with representatives of another major entity in the region who have made a formal request to see me with respect to doing business in the Bahamas.’ The PM added that he had some ‘specific ideas of how the Bahamas can also benefit from the presence of a new entrant’ but remained tight-lipped with any details, as the government currently holds a 49% stake in BTC: ‘I represent the 49% shareholder of BTC…There is an obligation…[that] I do and say the right thing.’

As previously noted by CommsUpdate, Christie’s government has sought to regain majority control of BTC since taking office and although talks were described earlier as ‘fruitful’, Cable and Wireless Communications (CWC) is reluctant to concede control of the operator back to the government.

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